115 North Blvd, Clinton, NC 28328
- $950,000
- List Price
- $950,000
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 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.
Mortgage Calculator
Listing courtesy of United Country Draughon Realty. Contact:
Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.