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303 Bridge St
Clarkston, WA 99403
Bridge Street Plaza · Retail Property For Sale
Investment Highlights
- Prominent Starbucks anchor tenant with drive-thru
- High Quality 2007 Construction
- Value-Add or Owner-User opportunity by leasing or occupying current 1,116 sf vacant space
- Offered well below replacement cost at $344 per square foot
- Located on the main thoroughfare in Clarkston, WA and directly across from popular Albertsons Grocer
Executive Summary
Kidder Mathews is pleased to present the opportunity to acquire Bridge Street Plaza, a Starbucks drive-thru anchored shopping center located on the main thoroughfare in Clarkston, Washington. Originally constructed in 2007 and offered at an attractive $344 per square foot, well below replacement cost, this is an excellent opportunity to purchase a high-quality shopping center featuring a rare drive-thru component.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,085 SF
Building Class
B
Year Built
2007
Price
$1,750,000
Price Per SF
$344.15
Cap Rate
6.05%
NOI
$105,875
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
SC-Service Commercial - High Density retail district
Parking
25 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
238’ on Bridge St
Amenities
- 24 Hour Access
- Pylon Sign
- Air Conditioning
Property Taxes
| Parcel Number | 1-001-37-030-0000-0000 | Improvements Assessment | $916,200 |
| Land Assessment | $204,700 | Total Assessment | $1,120,900 |
Property Taxes
Parcel Number
1-001-37-030-0000-0000
Land Assessment
$204,700
Improvements Assessment
$916,200
Total Assessment
$1,120,900
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