Log In/Sign Up
Your email has been sent.
425 Bridge St
Clarkston, WA 99403
Walgreens · Retail Property For Sale


EXECUTIVE SUMMARY
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 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.
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2015
Price
$5,769,231
Price Per SF
$396.51
Cap Rate
6.50%
NOI
$375,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.27 AC
Opportunity Zone
Yes
Zoning
R2 - GENERAL BUSINESS
Parking
53 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
272’ on 5th Street
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 1-001-38-033-0000-0000 | Improvements Assessment | $1,567,100 |
| Land Assessment | $553,200 | Total Assessment | $2,120,300 |
PROPERTY TAXES
Parcel Number
1-001-38-033-0000-0000
Land Assessment
$553,200
Improvements Assessment
$1,567,100
Total Assessment
$2,120,300
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
