Walgreens NNN Pharmacy
425 Bridge, Clarkston, WA 99403
For Sale
$10,016,000
Two Washington pharmacy properties have NNN leases and distinct retail settings in Richland and Clarkston.
Property Size29,301 SF
Price / SF$341.83
Days on Market11
Property Features for 425 Bridge
General Information
Standard status
Size
Property subtype
Financials
Cap Rate
Gross Income
Additional Details
Tenant in Place
Amenities
Garage Spaces: 0
Building Details
Year Built
Buildings
Listing Agency:
Pearl Realty, LLC
Listed By:
Joel Pearl · License WA DB29302
(208) 762-5500
Source:
Clearwaterproperties
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pearl Realty, LLC
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Investment Insights
Based on property information with market context.
This Washington portfolio comprises two Walgreens pharmacy properties with NNN lease structures. The Richland location occupies the corner of Gage Boulevard and Leslie Road, across from a medical center, within South Richland’s commercial corridor. Its lease includes twelve additional five-year renewal periods and scheduled 5% rental increases.
In Clarkston, a freestanding 14,550-square-foot Walgreens was built in 2015 on a signalized corner along Bridge Street (US Route 12). The property is adjacent to Costco Wholesale and Walmart Supercenter and serves the broader Lewiston-Clarkston market. Its reported individual cap rate is 7.5%; Richland’s is 6.5%.
In Clarkston, a freestanding 14,550-square-foot Walgreens was built in 2015 on a signalized corner along Bridge Street (US Route 12). The property is adjacent to Costco Wholesale and Walmart Supercenter and serves the broader Lewiston-Clarkston market. Its reported individual cap rate is 7.5%; Richland’s is 6.5%.
Key Highlights
- Two Walgreens pharmacy properties in Washington
- Both locations have NNN lease structures
- Richland site at Gage Boulevard and Leslie Road, across from a medical center
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Trade Area within ½ mile
778
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Demographics for 99403, WA
20,224
Population
9,192
Households
2.2
Avg Household Size
45
Median Age
24%
College-Educated
92%
High-School Grad
143.5 sq mi
ZIP Area
141
Density / Sq Mi
$67,424
Median Household Income
$38,536
Median Earnings
$994
Median Rent
$283,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Two Washington pharmacy properties have NNN leases and distinct retail settings in Richland and Clarkston.
Where is this nnn property located?
The property is located at 425 Bridge Clarkston, WA.
What is the asking price?
The asking price for this property is $10,016,000.
What are key features of this property?
This property features: Two Walgreens pharmacy properties in Washington; Both locations have NNN lease structures; Richland site at Gage Boulevard and Leslie Road, across from a medical center
