Kelli Scamahorn
REALTOR®
SQUARE FEET29,301
MLS#202626403
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Property Description
Rare opportunity to acquire a two-property Walgreens investment portfolio featuring a top-tier, high-performing pharmacy location in Richland and a dominant regional retail location in Clarkston, Washington. The Richland property is classified as a Tier 5 Walgreens store, demonstrating exceptional sales performance with the last reported annual front-of-store revenue reaching $5.05 million, excluding pharmacy sales. Together, these strategically positioned assets generate $701,040 in combined annual rental income at an attractive blended cap rate of approximately 7%, with approximately 9 years of firm lease term remaining at each location. Both properties feature landlord-friendly NNN lease structures, offering predictable income and long-term investment potential.
Property Features
Property Type: Commercial - Business
Basement: None
Heating: Forced Air
Roof Type: Flat
Year Built: 2015
Feature Descriptions
Exterior: Brick Veneer
Heating/Cooling: Forced Air
Lot: Corner Lot
Parcel#: l00138033000000
Road Frontage: Paved Road, City Street
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Pearl Realty, LLC
Shown By
Agent Name: Kelli Scamahorn
Agent Phone: (509) 981-1200
Agency Title: Coldwell Banker Tomlinson
Kelli Scamahorn
Cell: (509) 981-1200
Email Me
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425 Bridge St | MLS# 202626403
This commercial property located at 425 Bridge St, Clarkston, WA 99403 is currently listed for sale with an asking price of $10,016,000. Bridge St is located within the Other school district. Search Clarkston real estate on kscamahorn.cbspokane.com today.