United Country Draughon Realty is pleased to offer for sale a property on 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.
- Asking Price:
- $950,000
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Real Property Included
- Size in square feet:
- 6,186
