Rare opportunity to acquire a true absolute NNN Walgreens at the gateway to a bustling regional commercial corridor, adjacent to the regions 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 areas only Costco.
Listed By
Agency Name: Pearl Realty, LLC
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
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425 Bridge St | MLS# 202626362
This commercial property located at 425 Bridge St, Clarkston, WA 99403 is currently listed for sale with an asking price of $5,000,000. Bridge St is located within the East Valley school district. Search Clarkston real estate on www.cbspokane.com today.