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About This Home
This 0-bedroom, 0-bathroom commercial at 115 North Boulevard in Clinton, NC is listed for $950,000 ($154 per sqft). Built in 2001, the home offers 6,186 sqft of living space on a 1.97 acres lot.
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.
Key Features
- Built in 2001
- 1.97 acre lot
Property Details
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
115 North Boulevard
Clinton, NC 28328
Not In Subdivision
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 115 North Boulevard is listed at $950,000 ($154/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: Built in 2001, 1.97 acre lot.
This property is listed by Stan S Draughon and can be reached at 9102904180 or stan@draughonrealty.com.