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Walgreens Drug Store Portfolio
New
For Sale
$10,016,000

425 Bridge St, Clarkston, WA 99403

Commercial Sale, Retail, Clarkston, WA

Property Size29,301 SF
Lot Size2.68 Acres
Price / SF$341.83
Days on Market2

Property Features for 425 Bridge St

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Lot features Landscaped, Corner Lot, Level
View Territorial
Directions Hwy 12 Frontage- Clarkston, Gage Blvd/ Leslie Rd- Richland
Subdivision Washington Counties
Standard status Active
APN l00138033000000
Size 29,301 SF
Lot size 2.68 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Lots17,18,19,20,21,22,23,24,25,26,27,28,29,30, 31,32,33 in Block 38 & SEC 35 TW 9 RGE 28 QUARTER NE: LOTS 1, 2, Plat1612
Legal Description Lots17,18,19,20,21,22,23,24,25,26,27,28,29,30, 31,32,33 in Block 38 & SEC 35 TW 9 RGE 28 QUARTER NE: LOTS 1, 2, Plat1612

Utilities

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

Building Details

Year built 2015
Building materials Brick, Frame
Architectural style Other
Buildings 2
Listing Agency: Pearl Realty, LLC
Listed By: Joel Pearl · License #DB29302
Added: Oct 29 Last Checked: Oct 30 at 3:06AM
MLS# 26-10599

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-property Walgreens portfolio includes a Clarkston store and a Richland location. The freestanding Clarkston building was constructed in 2015 and contains 14,550 square feet. Both properties are leased under NNN structures. The Clarkston lease has a 7.5% cap rate and approximately 8.5 years before the initial termination option; the Richland lease has a 6.5% cap rate and twelve additional five-year renewal periods, with scheduled 5% rent increases.

In Clarkston, the store occupies a signalized corner on Bridge Street (US Route 12), next to Costco Wholesale and Walmart Supercenter. The Richland location sits at Gage Boulevard and Leslie Road, across from a medical center. The two sites offer contrasting commercial contexts within Washington: one alongside national retailers and the other near medical services and established retail and residential areas.

Key Highlights

  • Two Walgreens properties in Clarkston and Richland, Washington
  • Clarkston freestanding store contains 14,550 square feet and was built in 2015
  • Clarkston site fronts Bridge Street (US Route 12) at a signalized corner

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.

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
Well-served
Demand for This Use

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

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Drug store - Two Washington locations combine NNN leases with distinct retail and healthcare-oriented settings.
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 $10,016,000.
What are key features of this property?
This property features: Two Walgreens properties in Clarkston and Richland, Washington; Clarkston freestanding store contains 14,550 square feet and was built in 2015; Clarkston site fronts Bridge Street (US Route 12) at a signalized corner
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