Location
Agent Comments
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.
Additional Features
- County: Sampson
- Days on Market: 111
- Pool: No
- Year Built: 2001
- Property Type: Commercial
Financial
- Short Sale: Standard
Interior Features
- Heat System: Electric
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Parking Lot, Asphalt
- Roof: Shingle,Asphalt
- Is New Construction: No
Location
- Street Number: 115
- County: Sampson
- Latitude: 35.016337
- Longitude: -78.343402
- Subdivision: Not In Subdivision
Listed by: Stan S Draughon from United Country Draughon Realty.