For sale

$5,000,000

14,550 SF building1.27 acre lotBuilt 2015

425 Bridge StClarkston, WA 99403

Commercial property (from the listing description) · MLS 12047295 · Listed 6 days ago (Oct 29, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

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.

Description provided by the listing brokerage.

Key facts

Asking price
$5,000,000
Status
For sale
Property type
Commercial (type not stated)From the listing description
Building area
14,550 SFSource field AboveGradeFinishedArea
Land area
1.27 acresSource field LotSizeAcres
Year built
2015
MLS number
12047295

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$5,000,000
Price per SF of building
$344/SFAsking price ÷ 14,550 SF reported building area

Building and site

Stories
1
County
Asotin County

Investment figures reported in the description

Cap rate
7.5% (actual or pro forma not stated)"…al net income at a compelling 7.5% cap rate, approximately 8.4 years…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Natural gas (from a listing field)
  • Corner location (from the description)“…a highly visible, signalized hard corner serving the broader lewiston-…”

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Clarkston.

Why this listing is on Commercial Only

  • MLS property class detail. (PropertyTypeDetail: comm-building)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Pearl Realty, LLC. Listing agent: Joel Pearl. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 29, 2026, 8:34 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.