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Absolute NNN Retail Property
For Sale
$1,900,000

801 Grow Avenue, Montrose, PA 18801

Commercial Sale, Montrose, PA

Property Size14,673 SF
Lot Size1.93 Acres
Price / SF$129.49
Days on Market494

Property Features for 801 Grow Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Security features Security
Elementary school district Montrose Area
Middle school district Montrose Area
High school district Montrose Area
Directions Go down Grow ave and its at the end of street at intersection on the left
Standard status Active
APN 124.11-1,006.00,000.
Size 14,673 SF
Lot size 1.93 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 26602

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2010
Floors in Building 1
Number of units 1
Roof type Rubber
Listing Agency: ERA One Source Realty · ERA Real Estate
Listed By: Jacob W. Rosenstein · License #RS369738
Added: Apr 16, 2025 Changed: Aug 19 Last Checked: Aug 22 at 10:06PM
MLS# SC251693

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14,673-square-foot retail property in Montrose, PA, was built in 2010 on a 1.93-acre site. The building has a rubber roof and is served by public water and public sewer, with Commercial zoning supporting its current retail use.

The property is subject to an absolute NNN lease backed by a corporate guarantee. The tenant is responsible for property taxes, insurance, maintenance, and repairs, limiting landlord obligations under the lease. Five years remain in the initial term, followed by six additional five-year renewal options. Contractual rent increases of approximately 3.6 percent apply with each renewal period, and the full renewal structure provides 35+ years of potential lease coverage.

Key Highlights

  • 1.93‑acre retail site in Montrose, PA
  • 14,673 square feet; built in 2010
  • Absolute NNN lease with corporate guarantee

Property Analytics

Current Use

Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Western Union Bank Coinhub Bitcoin ATM ... Atm CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Groceries 37% Shops & Services 12%
Price Chopper Supermarkets Groceries
17,380 visits/mo 0.5 miles
McDonald's Dining
13,076 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,901 visits/mo 0.2 miles
Kwik Fill Shops & Services
2,747 visits/mo 0.1 miles
AutoZone Shops & Services
1,379 visits/mo 0.4 miles

Demographics for 18801, PA

7,829
Population
4,126
Households
1.9
Avg Household Size
48
Median Age
20%
College-Educated
90%
High-School Grad
179.6 sq mi
ZIP Area
44
Density / Sq Mi
$69,337
Median Household Income
$37,479
Median Earnings
$903
Median Rent
$226,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed pharmacy tenancy with tenant-paid taxes, insurance, maintenance, and repairs.
Where is this nnn property located?
The property is located at 801 Grow Avenue Montrose, PA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 1.93‑acre retail site in Montrose, PA; 14,673 square feet; built in 2010; Absolute NNN lease with corporate guarantee
More about this property
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