425 Bridge St, Clarkston, WA 99403 (MLS# 26-3702)

425 Bridge St, Clarkston, WA 99403

$5,000,000
Property Type: Commercial Square Footage: 14,550 Lot Size (sq. ft.): 55,321 Status: Active
Current Price: $5,000,000 List Date: 4/20/2026 Last Modified: 4/20/2026

Overview

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

Supplements: 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 ...

Listing Details MLS# 26-3702

Contract Information

Listing Type
Comm'l Bldg w/Land
Area
Washington Counties
Neighborhood Grid #
700
Begin Date
2026-04-20

General Property Description

Building Style
Retail
Basement
No
Year Built
2015
New Construction
No
Total #/Bldgs
Yes
Total SqFt.
14550
ESTIMATED SqFt Source
Assessor
Lot Acres
1.27
Lot Type 1
Commercial
Business Type
Retail
Realtor.COM Type
Commercial

Legal and Taxes

Legal
Lots 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 and 33 in Block 38
AIN/Tax Bill
l-001-38-033-0000-00
Parcel Number
l00138033000000
Zoning
Commercial
Directions
Hwy 12 Frontage
Tax Year
2024
Taxes Reflect 1
No Exemptions
Taxes
0

Remarks

Public Remarks
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

Address

Street Number
425
Street Name
Bridge
Street Suffix
St
State/Province
WA
Postal Code
99403
County
Asotin

Miscellaneous

Rng Dir
WBM
Sec
0
Rng
No

More Information

Property Subject To

CC&Rs
No
BID
No
Non-Mtg Lien
No
LID
No
Flood Zone
Unknown
Aircraft Flight Zone
Unknown
Fire Protection Dist
Unknown

Business Info

Inventory List Available?
No
Inventory Included in Sale Price?
No
Equipment Included in Sale Price?
None
Confidential from Employees?
N/A

Showing Instructions

Showing Service Name
ShowingTime

View

Mountain(s)
Yes
Territorial
Yes

Lot Features

Corner Lot
Yes
Landscaped
Yes
Level
Yes

Exterior Features

Paved Parking
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Road

Paved
Yes
Public Maintained Road
Yes

Water

City
Yes

Common Walls

No Common Walls
Yes

Sewer

Public Sewer
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Basement

None-Slab on Grade
Yes

Foundation

Concrete
Yes

Construction

Frame
Yes

Exterior

Brick
Yes

Roof

Rolled Comp
Yes

Property Features

View: Mountain(s); Territorial Lot Features: Landscaped; Corner Lot; Level Exterior Features: Paved Parking Common Walls: No Common Walls Fuel: Electric; Natural Gas Heating: Forced Air Basement: None-Slab on Grade Construction: Frame Foundation: Concrete Exterior: Brick Roof: Rolled Comp Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional

Documents

Listing Office: Pearl Realty, LLC
Last Updated: April - 20 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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