ActiveMLS® 202615744
425 Bridge St, Clarkson, WA 99403 photo 1
425 Bridge St, Clarkson, WA 99403 photo 2
425 Bridge St, Clarkson, WA 99403 photo 3
425 Bridge St, Clarkson, WA 99403 photo 4
425 Bridge St, Clarkson, WA 99403 photo 5
Commercial
MLS® 202615744
$5,000,000
425 Bridge St, Clarkson, WA 99403
1.27 Acres 14,550 Sq.Ft. Built 2015
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. Low-risk investment designed for those seeking predictable income.

Interior features
  • Basement descriptionNone
  • Lot dimension1.27
  • Lot descriptionLevel, Corner Lot
Exterior features
  • Lot dimension1.27
  • Lot descriptionLevel, Corner Lot
  • Roofing materialsFlat

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Location