





Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
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. Low-risk investment designed for those seeking predictable income.
Property Type
Commercial
Year Built
2015
County
Asotin
Lot Size
1.27 acres
Living Area
14,550 sqft
Price / Sqft
$344
Schools
Elementary: East Valley
Days on Market
39 days
MLS #
SAR202615744
Parcel #
l00138033000000
Total Building Area
14,550 sqft
MLS Area
A923/106
MLS Class
Commercial
Listing Terms
Conventional, Cash, Exchange
Road Frontage
City Street, Paved Road
Lease Considered
Yes
Listed On
Apr 20, 2026
Status Changed
Apr 27, 2026
Last MLS Update
Apr 27, 2026
MLS Branch
1051
Elementary
East Valley
Construction
Roof
Basement
Heating
Lot Features
Listed By
Joel Pearl
Pearl Realty, LLC

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$27,083/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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