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Listed price in listed location currency (USD).
$950,000

000

MLS® 100577347

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 2001
MLS® Number 100577347

Property Address: 115 North Boulevard, Clinton, NC, 28328

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number100577347
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2001
Basement
DrivewayParking Lot, Asphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
115 North Boulevard, Clinton, NC

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