801 Grow Ave Montrose, PA 18801
High-yield, NNN leased pharmacy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 12,533 SF Rite Aid on a 1.93-acre lot with an 8.00% cap rate and $339,708 NOI.
- Absolute NNN lease with a credit-rated corporate guarantee and over 6.5 years remaining, plus six 5-year options.
- Signalized corner location with excellent ingress/egress and a drive-thru.
- Large 1.93-acre lot.
- No competing pharmacies.
- Established tenant with a long operational history.
Property Details for 801 Grow Ave
- Property type
- Retail properties, Drug stores
- Square Feet
- 12,533 SF
- Class
- A
- Year Built
- 2000
- Lot Size (sq. ft)
- 84,071 SF
Location Insight
- City
- Montrose
- County
- Susquehanna
- State
- Pennsylvania
- Latitude
- 41.839605673538
- Longitude
- -75.861124349815
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, NNN leased pharmacy
- Where is the retail property located?
- The property is located at 801 Grow Ave Montrose, PA.
- What is the asking price?
- The asking price for this property is $4,246,000.
- What are key features of this property?
- This property features: 12,533 SF Rite Aid on a 1.93-acre lot with an 8.00% cap rate and $339,708 NOI.; Absolute NNN lease with a credit-rated corporate guarantee and over 6.5 years remaining, plus six 5-year options.; Signalized corner location with excellent ingress/egress and a drive-thru.
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