SQUARE FEET14,550
MLS#202615744
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLEast Valley
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 areas only Costco. Low-risk investment designed for those seeking predictable income.
Property Features
Property Type: Commercial - Business
Basement: None
Heating: Forced Air
Roof Type: Flat
Year Built: 2015
Feature Descriptions
Days on Site: 47
Exterior: Brick
Heating/Cooling: Forced Air
Lot: Level, Corner Lot
Parcel#: l00138033000000
Road Frontage: City Street, Paved Road
Tenant Expenses: All Utilities
Local Schools
School District: East Valley
Listed By / Shown By
Listed By
Agency Name: Pearl Realty, LLC
Shown By
Agent Name: Greg Schuster
Agent Phone: (509) 993-2545
Agency Title: Coldwell Banker Tomlinson
Greg Schuster
Cell: (509) 993-2545
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425 Bridge St | MLS# 202615744
This commercial property located at 425 Bridge St, Clarkston, WA 99403 is currently listed for sale with an asking price of $5,000,000. Bridge St is located within the East Valley school district. Search Clarkston real estate on gschuster.cbspokane.com today.