Freestanding Walgreens NNN Investment Opportunity

425 Bridge St, Clarkston, WA 99403

View on Map

For Sale

$5,000,000

COMMERCIAL - Clarkston, WA

Type:Retail

Property size:

14,550 SF

Lot size:

1.27 Acres

Price / SF:

$343/SF

HighLights

$375,000 in estimated annual net income with a stated 7.5% cap rate (NNN Walgreens).
Approximately 10 years of firm lease term remaining under a long‑term, tenant‑responsible structure (NNN).
Built in 2015; freestanding building totaling 14,550 SF.
Tenant is responsible for costs including taxes, insurance, maintenance, roof, structure, and parking.
Located on a signalized hard corner along Bridge Street (US Route 12), adjacent to Costco and Walmart Supercenter.
Utilities: public water and public sewer; heating includes natural gas, forced air, and electric heating.

We can help!

Contact an agent

Joel Pearl

For Sale

$5,000,000

COMMERCIAL - Clarkston, WA

Type:Retail

Property size:

14,550 SF

Lot size:

1.27 Acres

Price / SF:

$343/SF

Added:: Apr 20, 2026
Days on Market:: 69
Last Refresh:: Jun 27 at 12:06 pm

Property Features for 425 Bridge St

General Information

Property type: Commercial Sale
Property subtype: Retail
Zoning: Commercial
Basement: None
Standard status: Active
APN: l00138033000000
Size: 14,550 SF
Lot size: 1.27 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Lots 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 and 33 in Block 38

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air, Electric (Heating)
Water source: Public

Building Details

Year built: 2015
Building materials: Brick, Frame
Architectural style: Other

We can help!

Contact an agent

Joel Pearl

Listing agent Joel Pearl License #DB29302

Listing office Pearl Realty, LLC 9493 N Government Way, Hayden, WA

Listing date Apr 20, 2026

MLS# 26-3702

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

$375,000 in estimated annual net income with a stated 7.5% cap rate (NNN Walgreens).
Approximately 10 years of firm lease term remaining under a long‑term, tenant‑responsible structure (NNN).
Built in 2015; freestanding building totaling 14,550 SF.
Tenant is responsible for costs including taxes, insurance, maintenance, roof, structure, and parking.
Located on a signalized hard corner along Bridge Street (US Route 12), adjacent to Costco and Walmart Supercenter.
Utilities: public water and public sewer; heating includes natural gas, forced air, and electric heating.

Overview

This commercial property in Clarkston, WA, presents a passive investment opportunity with zero landlord responsibilities. The property is a freestanding 14,550 square foot building constructed in 2015. The tenant is responsible for all costs, including taxes, insurance, maintenance, roof, structure, and parking. The property generates $375,000 in annual net income at a 7.5% cap rate. Secured by a long-term lease with approximately 10 years of firm term remaining, the asset provides stable, predictable income. The property is positioned along Bridge Street (US Route 12), benefiting from traffic counts and regional draw. Located adjacent to Costco and Walmart Supercenter, the site is within a dominant retail corridor. The property is located in Washington, a state with no personal income tax, and is supported by regional connectivity via river, rail, and major highway infrastructure. The lot size is 1.27 acres. The property is suitable for commercial use.

Property Profile Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema FedEx OnSite Postal Service Walgreens Pharmacy

Suggested Use

Similar Places Nearby

Brian T. Hocum, PharmD — 800 6th St, Clarkston, WA 99403
Wasem's Pharmacy and Home Medical — 800 6th St, Clarkston, WA 99403
Alicia Nuxoll — 800 6th St, Clarkston, WA 994032013
Lear Wickens — 800 6th St, Clarkston, WA 994032013
Cynthia Wendt — 800 6th St, Clarkston, WA 994032013

Location Insight

Map
Local Demand

City: Clarkston
County: Asotin
State: Washington
Longitude: -117.043583
Latitude: 46.419574

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For sale
Drug stores
WA
Clarkston
99403
425 Bridge St

What type of property is this?

Drug store - Passive NNN Walgreens investment with long-term lease and zero landlord responsibilities.

Where is this drug store located?

The property is located at 425 Bridge St Clarkston, WA.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: $375,000 in estimated annual net income with a stated 7.5% cap rate (NNN Walgreens).; Approximately 10 years of firm lease term remaining under a long‑term, tenant‑responsible structure (NNN).; Built in 2015; freestanding building totaling 14,550 SF.

425 Bridge St, Clarkston, WA 99403

COMMERCIAL - Clarkston, WA

Property Features for 425 Bridge St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Downtown Office Building with Parking

Freestanding Building in Retail Corridor

Clarkson Commercial Property with Equipment

Commercial Building with Shop and Equipment

Multi-Family Portfolio with Five Homes

Formerly Funke's Custom Cabinet's

Clarkston Commercial Property with Development Potential

Freestanding Medical Office Building

Mobile Home Park with RV Spaces

Single-Level Duplex with Central Air

1-Bed Duplex Income Property

Five-Unit Multifamily Building

FAQs