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Walgreens Absolute NNN Property

425 Bridge St, Clarkston, WA 99403

For Sale
$5,000,000
Pending

Commercial Sale, Clarkston, WA

Property Size14,550 SF
Lot Size1.27 Acres
Days on Market13

Property Features for 425 Bridge St

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions Hwy 12 Frontage
Standard status Pending
APN 000000-000.000-0038-17-33.000
Lot size 1.27 Acres

Additional Details

Tenant in Place Yes
Corner Location Yes

Building Details

Year built 2015
Floors in Building 1
Buildings 1
Listing Agency: Pearl Realty, LLC
Listed By: Joel Pearl
Added: Oct 29 Changed: Nov 9 Last Checked: Nov 10 at 8:06PM
MLS# 12047295

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

A freestanding Walgreens drugstore built in 2015 contains 14,550 square feet on a 1.27-acre parcel. The lease is structured as absolute NNN, with approximately 8.4 years of firm term remaining and no landlord responsibilities. The reported cap rate is 7.5%.

The property is at 425 Bridge St in Clarkston, Washington, on US Route 12. Costco and Walmart Supercenter are adjacent to the site, placing the store among established retail uses along the corridor.

Key Highlights

  • 14,550 SF freestanding Walgreens building
  • Absolute NNN lease with approximately 8.4 years of firm term remaining
  • 7.5% cap rate

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

Top Pick Garden Center Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The freestanding drugstore is leased under an absolute NNN structure, with no landlord responsibilities.
Where is this nnn property 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: 14,550 SF freestanding Walgreens building; Absolute NNN lease with approximately 8.4 years of firm term remaining; 7.5% cap rate
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Includes: Price & PSF · Cap rate · Location · Zoning

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