425 Bridge St Clarkston, WA 99403 New
UPDATED: 10/28/2026 10:36 PM ON SITE: New on site today
$5,000,000
14,550 SqFt
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Comm'l Bldg w/Land
Listing Status Active
Purchase Type For Sale
Square Footage 14,550 sqft
Price per Sqft $343
MLS Listing ID 26-10580
Style Retail
Year Built 2015
Tax Year 2025
Lot Size 1.270 Acres
Acres 1.27
Property Sub-Type Comm'l Bldg w/Land
Source Coeur d'Alene Multiple Listing Service
Property Description
A premier, 100% passive investment delivering $375,000 in annual net income at a 7.5% cap rate, this rare absolute NNN Walgreens offers zero landlord responsibilities and zero expense exposure. The tenant is fully responsible for all costs--including taxes, insurance, maintenance, roof, structure, and parking--ensuring a truly hands-off ownership experience with no capital expenditure risk. Secured by a long-term lease with approximately 10 years of firm term remaining, the asset provides stable, predictable income backed by a nationally recognized credit tenant. 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.