115 North Boulevard, Clinton, NC 28328
sale
$950,000
|
Office
Courtesy Of United Country Draughon Realty
Draughon Realty is pleased to offer for sale 115 N Blvd Clinton, NC. This offering presents a stabilized, income-producing commercial office asset totaling 6,186 square feet, fully leased to the State of North Carolina for its NC Works operations. The property offers investors a secure, government-backed tenancy with 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 to deliver predictable income with limited volatility.
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Property Features
- Age: 21-30 Years Old
- Heating System: Electric (Heating)
- Legal Description: As described at book 1403 page 344 of the Sampson County NC registry.
- MLSID: 100577347
- Roof Type: Asphalt
- Roof Type: Shingle
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