REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Julie Paterson

julie@bestcdahomes.com +1(208) 277-4499

$5,000,000

Est. payment - /mo

14,550 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home, Vacant Land

Sub Type Comm'l Bldg w/Land

Listing Status Active

Purchase Type For Sale

Square Footage 14,550 sqft

Price per Sqft $343

MLS Listing ID 26-3702

Style Retail

Year Built 2015

Tax Year 2024

Lot Size 1.270 Acres

Acres 1.27

Property Sub-Type Comm'l Bldg w/Land

Source Coeur d'Alene Multiple Listing Service

Property Description

A premier, 100% passive investment delivering $375,000 in annual net income at a 7.5% cap rate, this rare absolute NNN Walgreens offers zero landlord responsibilities and zero expense exposure. The tenant is fully responsible for all costs--including taxes, insurance, maintenance, roof, structure, and parking--ensuring a truly hands-off ownership experience with no capital expenditure risk. Secured by a long-term lease with approximately 10 years of firm term remaining, the asset provides stable, predictable income backed by a nationally recognized credit tenant. 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.

Location

State WA

County Asotin

Area Washington Counties

Zoning Commercial

Direction Hwy 12 Frontage

Rooms

Basement None-Slab on Grade

Interior

Heating Natural Gas, Electric, Forced Air

Equipment None

Exterior

View Mountain(s), Territorial

Roof Type Rolled Comp

Building

Lot Description Landscaped, Corner Lot, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID l00138033000000

Read Less Info

Listed by Pearl Realty, LLC

Nearby School & Business

Get More Information

Julie Paterson

+1(208) 277-4499

Agent | License ID: SP47587

Agent License ID: SP47587

Quick Search

425 Bridge St Clarkston, WA 99403

Julie Paterson

Key Details

Location

Rooms

Interior

Exterior

Building

Others