425 Bridge St - Drug Store FOR SALE


Clarkston, WA 99403- Asotin
$5,357,143 USD
208-964-2388
425 Bridge St, Clarkston, WA for Sale
$5,357,143 USD
Drug Store - FOR SALE
1/5
null | 7% Cap Rate

425 Bridge St
Clarkston, WA 99403
Asotin


OVERVIEW

Rare opportunity to acquire a true absolute NNN Walgreens—a 100% passive investment with zero landlord responsibilities. The property generates $375,000 in annual net income at a 7% cap rate, backed by a long-term lease with approximately 10 years of firm term remaining. Located at 425 Bridge Street, Clarkston, WA, this 14,550 SF freestanding Walgreens sits on a highly visible, signalized hard corner serving the Lewiston, Idaho–Clarkston, Washington bi-state metropolitan area. The asset benefits from significant regional draw, including traffic from a 1.5-hour radius to the area’s only Costco, reinforcing its position as a dominant retail anchor. The lease structure is absolute NNN, meaning the tenant is fully responsible for all expenses—including taxes, insurance, maintenance, roof, structure, and parking lot—delivering investors a hands-off ownership experiencewith no exposure to future capital expenditures. Constructed in 2015, the modern facility features 53 parking spaces and is strategically positioned along Bridge Street (US Route 12) within a high-traffic retail corridor. The property is adjacent to Costco Wholesale and Walmart Supercenter, ensuring consistent traffic counts and long-term relevance. Further enhancing investor appeal, the asset is located in Washington State, offering the benefit of no personal income tax, and is supported by strong regional connectivity via river, rail, and highway infrastructure. Asotin County continues to experience steady growth, solidifying the site’s long-term viability. Top tier Walgreens, absolute NNN investment designed for investors seeking predictable income, minimal risk, and complete passivity.

FOR SALE DETAILS

PRICE

$5,357,143 USD

PRICE/SF

$368 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

R2

APN/PARCEL ID

1-001-38-033-0000-0000

ASK ABOUT THIS PROPERTY

Joel PearlPearl RealtyMore Info
208-964-2388

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Joel PearlPearl RealtyMore Info
208-964-2388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.