ActiveMLS® 202610779
425 Bridge St, Clarkson, WA 99403 photo 1
425 Bridge St, Clarkson, WA 99403 photo 2
425 Bridge St, Clarkson, WA 99403 photo 3
425 Bridge St, Clarkson, WA 99403 photo 4
425 Bridge St, Clarkson, WA 99403 photo 5
Commercial
MLS® 202610779
$5,769,231
425 Bridge St, Clarkson, WA 99403
1.27 Acres14,550 Sq.Ft. Built 2015
Description

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 6.5% 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 experience with no exposure to future capital expenditures. Constructed in 2015, the modern facility features 53 parking spaces.

Interior
  • Additional features
  • Utilities
  • Air conditioning
  • Basement description: None
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension
  • Lot description: Level, Corner Lot
Exterior
  • Body of water
  • Water frontage
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension
  • Lot description: Level, Corner Lot
  • Foundation
  • Exterior
  • Roofing materials: Flat