425 Bridge St, Clarkson, WA 99403

$5,000,000 Active MLS® 202626362 Commercial
ActiveMLS® 202626362
Property photo
Property photo
Property photo
Property photo
Property photo
425 Bridge St, Clarkson, WA 99403 photo
Commercial
MLS® 202626362
$5,000,000
425 Bridge St, Clarkson, WA 99403
1.27 Acres 14,550 Sq.Ft. Built 2015
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.

Interior features
  • Basement description None
  • Lot dimension 1.27
  • Lot description Level, Corner Lot
Exterior features
  • Lot dimension 1.27
  • Lot description Level, Corner Lot
  • Roofing materials Flat

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Location
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