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    Montrose, PA
    Drug Store

    Montrose, PA Drug Stores for Sale

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    Corporate-Guaranteed NNN Rite Aid
    Updated: Apr 16, 2025
    Corporate-Guaranteed NNN Rite Aid

    801 Grow Avenue, Montrose, PA 18801

    $1,900,000
    14,673 sqft 1.93 AC lot
    Corporate‑guaranteed absolute NNN Rite Aid lease ensures truly passive income.
    5 years remaining on the initial lease term plus six 5‑year renewal options, providing potential for 35+ years of stable cash flow.
    Rent increases of approximately 3.6 percent at each renewal period offer inflation protection.
    Strategically located at the high‑traffic intersection of Grove Avenue (PA Route 706) and Route 29 in Montrose, PA, ensuring strong visibility.
    Rite Aid is a well‑established national pharmacy chain, adding further security to this investment.
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    Rite Aid NNN Investment Opportunity
    Updated: Apr 16, 2025
    Rite Aid NNN Investment Opportunity

    801 Grow Avenue, Montrose, PA 18801

    $2,300,000
    14,673 sqft
    Corporate‑guaranteed, absolute NNN Rite Aid lease ensures truly passive income with no landlord responsibilities.
    5 years remaining on the initial lease term plus six 5‑year renewal options, offering potential for 35+ years of stable cash flow.
    Rent increases of approximately 3.6 percent at each renewal period provide inflation protection.
    Strategically located at a high‑traffic intersection (Grove Avenue and Route 29) in Montrose, PA, ensuring strong visibility.
    Rite Aid is a well‑established national pharmacy chain, adding further security to the investment.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Montrose, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Pharmacy with Drive-Thru
    Freestanding Pharmacy with Drive-Thru

    119 W 2nd St, Elmira, NY 14901

    Contact for pricing
    10,945 sqft

    Freestanding former pharmacy building with a drive-thru, recently updated facade, and large parking lot on a corner lot.

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    Cortland Retail Property for Sale
    Cortland Retail Property for Sale

    3948 State Rte 281, Cortland, NY

    Contact for pricing
    14,490 sqft 1.40 AC lot

    Retail property in Cortland, NY with long-term tenant.

    View details
    Single-Tenant Retail Drug Store
    Single-Tenant Retail Drug Store

    13 Port Watson St, Cortland, NY 13045

    Contact for pricing

    Fee simple interest in a single-tenant CVS Pharmacy with a drive-thru, backed by a corporate guarantee.

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    Leased Drug Store NNN
    Leased Drug Store NNN

    1000 Pennsylvania Ave, Elmira, NY 14904

    Contact for pricing

    Rite Aid drug store with remaining 9.5 years on a NNN lease, located just off US-14 in Elmira.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Rochester Development Site on Corner
    Rochester Development Site on Corner

    2032 Lyell Avenue, Rochester, NY 14606

    $399,999
    1,350 sqft 0.13 AC lot

    High-visibility corner lot suitable for various commercial uses.

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    16 Acre Commercial Land Parcel
    16 Acre Commercial Land Parcel

    2621 ROUTE 9, Malta, NY 12020

    $1,170,000
    16.00 AC lot

    16-acre commercial land with development potential in Malta, NY.

    View details
    Prime Commercial Lot in Perryville
    Prime Commercial Lot in Perryville

    1105 PERRYVILLE Road, Perryville, MD 21903

    $489,900
    1.10 AC lot

    High-exposure commercial lot with frontage on Perryville Road and Aiken Avenue.

    View details
    Commercial Land in Ogdensburg, NY
    Commercial Land in Ogdensburg, NY

    720 Canton, Ogdensburg, NY 13669

    $100,000
    8,500 sqft 0.19 AC lot

    Commercial land with frontage on Canton St, near Kinney Drugs.

    View details

    Montrose, PA Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Montrose, PA on our real estate platform. These investment opportunities span a total of 29,346 square feet of properties for sale, with an estimated market value of $4,200,000.

    Sale prices for pharmacies in Montrose, PA start at $1,900,000, averaging $2,100,000, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 2
    Grocery and convenience stores 1
    Shopping centers 1
    Storefront properties 1

    Demographics Overview

    Population 7,838
    Population Growth (5Y) -2.2%
    Median Household Income $69,337
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Montrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18801 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 6.78%
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Susquehanna County

    New Delisted

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