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 totaling6,186 square feet, fully leased to the State of North Carolina for its NC Works operations. The property offers investors a secure, government-backed tenancywith 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 todeliver predictable income with limited volatility.

Property Features