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PRICE $5,000,000
SIZE 14,550 sqft
LOT SIZE 1.27 ac
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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.

DAYS ON MARKET 60 LAST UPDATED 4/20/2026
YEAR BUILT 2015 COUNTY Asotin
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Washington Counties
CONSTRUCTION Brick, Frame
HEAT Electric, Forced Air, Natural Gas
LOT 1.27 acre(s)
LOT DESCRIPTION Corner Lot, Landscaped, Level
LOT DIMENSIONS 1.27
PARKING Paved
SEWER Public Sewer
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public

SATELLITE VIEW



 
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Listed with Pearl Realty, LLC

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