SQUARE FEET6,186
MLS#100577347
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
Draughon Realty is pleased to offer for sale 115 N Blvd Clinton, NC. This offering presents a stabilized, income-producing commercial office asset totaling6,186 square feet, fully leased to the State of North Carolina for its NC Works operations. The property offers investors a secure, government-backed tenancywith consistent cash flow and minimal management burden.The asset is currently 100% occupied under a lease with the State of North Carolina, providing strong credit assurance and long-term occupancy stability.The property generates a Net Operating Income (NOI) of $77,014.82, reflecting dependable in-place income.Offered at an asking price of $950,000, the investment represents an approximate 8.11% cap rate, making it an attractive opportunity for investors seeking stable returns in a low-risk profile asset. Government-leased properties are highly desirable due to their reliability, and this asset is well-positioned todeliver predictable income with limited volatility.
Property Features
Property Type: Commercial - Office
Heating: Electric
Lot Size: 1.97 Acres
Roof Type: Shingle, Asphalt
Year Built: 2001
Feature Descriptions
Days on Site: 5
Lot: Level, Cleared
Lot Dimensions: 210x327
Parcel#: 12018294301
Parking: Parking Lot, Asphalt
Parking Notes: Parking Lot, Asphalt
Water: Public
Listed By / Shown By
Listed By
Agency Name: United Country Draughon Realty
Agency Phone: 910-296-6111
Shown By
Agent Name: Ashley Wiggins
Agent Phone: (843) 520-6163
Agency Title: CENTURY 21 Thomas
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115 North Boulevard | MLS# 100577347
This commercial property located at 115 North Boulevard , Clinton, NC 28328 is currently listed for sale with an asking price of $950,000. Search Clinton real estate on awiggins.century21thomas.com today.