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Listed by Joel Pearl • Pearl Realty, LLC
$5,000,000
Est. payment /mo
14,550 SqFt
Pending
425 Bridge St Clarkson, WA 99403
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 14,550 sqft
Price per Sqft $343
MLS Listing ID 202626362
Year Built 2015
Lot Size 1.270 Acres
Lot Dimensions 1.27
Property Sub-Type Commercial
Property 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.
Location
State WA
County Asotin
Rooms
Basement None
Interior
Heating Forced Air
Exterior
View Y/N true
Roof Type Flat
Building
Lot Description Level, Corner Lot
Structure Type Brick
Schools
School District East Valley
Others
Acceptable Financing Conventional, Cash, Exchange
Listing Terms Conventional, Cash, Exchange
Nearby Locations
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