$5,000,000
Clarkston, WA 99403
MLS# 26-3702
14550 sqft
1 / 5
Property 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
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Comm'l Bldg w/Land
Area: Washington Counties
Neighborhood Grid #: 700
Begin Date: 2026-04-20
List Price: $5,000,000
General Property Description
Building Style: Retail
Basement: No
Year Built: 2015
New Construction: No
Total #/Bldgs: 1
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
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
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
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
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 County and a top-tier tenant in place, this offering represents a durable, low-risk investment designed for those seeking predictable income and complete passivity.
OM 
Listing Office: Pearl Realty, LLC
Last Updated: April - 20 - 2026
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