PendingMLS® 26-10580
Property photo
Property photo
Property photo
Property photo
Property photo
425 Bridge St, Clarkston, WA 99403 photo
Commercial
MLS® 26-10580
$5,000,000
425 Bridge St, Clarkston, WA 99403
0 Baths 1.27 Acres 14,550 Sq.Ft. Built 2015
Description

Rare opportunity to acquire a true absolute NNN Walgreens at the gateway to a bustling regional commercial corridor, adjacent to the region's only Costco, with the next closest nearly 90 miles away. This highly active, irreplaceable location serves a regional trade area of nearly 160,000 residents. Offering $375,000 in annual net income at a compelling 7.5% cap rate, approximately 8.4 years of firm lease term remaining, and zero landlord responsibilities. Built in 2015, the 14,550 SF freestanding building sits on a highly visible, signalized hard corner serving the broader Lewiston-Clarkston bi-state market. Strategically positioned along Bridge Street (US Route 12), the property benefits from exceptional traffic counts and regional draw--including consumers traveling from a 1.5-hour radius to the area's only Costco. Located adjacent to Costco and Walmart Supercenter, the site is firmly embedded within a dominant retail corridor that drives consistent consumer activity and long-term relevance. Further enhancing its appeal, the asset is located in Washington, a state with no personal income tax, and is supported by strong regional connectivity via river, rail, and major highway infrastructure. With steady growth in Asotin County and a top-tier tenant in place, this offering represents a durable, low-risk investment designed for those seeking predictable income and complete passivity.

Interior features
  • Basement description None-Slab on Grade
  • Lot dimension 1.27
  • Lot description Landscaped, Corner Lot, Level
Exterior features
  • View Territorial
  • Lot dimension 1.27
  • Lot description Landscaped, Corner Lot, Level
  • Foundation Concrete Perimeter
  • Roofing materials Rolled Comp

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