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Jenn Smart

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425 Bridge St , Clarkston, WA 99403
$5,000,000
Est. Payment: $11,111.11/mo
14550 Sqft
1.27 Acres
Status: pending | Days on site: 12
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House Description

Rare opportunity to acquire a true absolute NNN Walgreens at the gateway to a bustling regional commercial corridor, adjacent to the region's only Costco, with the next closest nearly 90 miles away. This highly active, irreplaceable location serves a regional trade area of nearly 160,000 residents. Offering $375,000 in annual net income at a compelling 7.5% cap rate, approximately 8.4 years of firm lease term remaining, and zero landlord responsibilities. 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 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.

Highlights

Listed by Joel Pearl , 208-762-5500 Pearl Realty, LLC , 208-762-5500. Coeur d'Alene MLS

Property Type

Commercial Sale

Lot/Acreage
1.27

Year Built

2015

County

Asotin

Area

Washington Counties

Listing ID

26-10580

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Interior Features

Basement:None-Slab on Grade
Water:Public

Exterior Features

Lot:Landscaped,Corner Lot,Level
Zoning:Commercial
Roof:Rolled Comp
Sewer:Public Sewer
Parking Features:Paved Parking
Principal Interest
$11,111
Taxes
$3,188

Home Price

$5,000,000

Loan Details

30 yrs
0%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,111.11 $3,187.50 $0.00 $14,298.61
Yearly $133,333.33 $38,250.00 $0.00 $171,583.33
Total $4,000,000.00 $1,147,500.00 $0.00 $5,147,500.00
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Clarkston, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Coeur d'Alene MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:09:49.000Z

© 2026 Coeur d'Alene MLS