Active
425 Bridge St - Photo 1
425 Bridge St - Photo 2
425 Bridge St - Photo 3
425 Bridge St - Photo 4
425 Bridge St - Photo 5

$5,000,000

Lease Option Available
14,550 sqft
39 days
Commercial|Built 2015
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

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 Details

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

School Information

Elementary

East Valley

Home Features & Details

Construction

Brick

Roof

Flat

Basement

None

Heating

Forced Air

Lot Features

LevelCorner Lot

Listed By

Joel Pearl

Pearl Realty, LLC

Estimated Monthly Payment

$27,083/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built2015
Square Footage14,550 sqft
Lot Size1.27 acres
Price / Sqft$344
StatusActive

Location

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