Government-Leased Office
For Sale
$950,000
115 North Boulevard, Clinton, NC 28328
Fully occupied office property leased to the State of North Carolina for NC Works operations.
Property Size6,186 SF
Price / SF$153.57
Days on Market32
Property Features for 115 North Boulevard
General Information
Standard status
Active
Size
6,186 SF
Occupancy
100%
Net Operating Income
$77,014
Financials
Asking Price
$950,000
Cap Rate
8.11%
Building Details
Year Built
2001
Tenancy
Single
Listing Agency:
United Country Draughon Realty
(910) 271-4381
Listed By:
Stan S Draughon, Colin W Draughon · License #341622
Source:
Barefootbrokers
Added: Jul 29
Changed: Aug 28
Last Checked: Aug 29 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Draughon Realty
Investment Insights
Based on property information with market context.
Built in 2001, this office property contains 6,186 square feet and is fully occupied by the State of North Carolina for NC Works operations. The existing government tenancy provides an established occupancy profile and an in-place operating platform for an office asset.
The property is located at 115 North Boulevard in Clinton, North Carolina. It is currently reported at 100% occupancy and produces an approximate 8.11% cap rate. The asset combines an existing state-government user with a stabilized office configuration and current lease income.
The property is located at 115 North Boulevard in Clinton, North Carolina. It is currently reported at 100% occupancy and produces an approximate 8.11% cap rate. The asset combines an existing state-government user with a stabilized office configuration and current lease income.
Key Highlights
- 6,186‑square‑foot office property completed in 2001
- 100% occupied by the State of North Carolina for NC Works operations
- Government tenancy provides an established office user
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 28328, NC
25,300
Population
10,846
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
81%
High-School Grad
245.8 sq mi
ZIP Area
103
Density / Sq Mi
$48,137
Median Household Income
$35,063
Median Earnings
$795
Median Rent
$152,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied office property leased to the State of North Carolina for NC Works operations.
Where is this office building located?
The property is located at 115 North Boulevard Clinton, NC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6,186‑square‑foot office property completed in 2001; 100% occupied by the State of North Carolina for NC Works operations; Government tenancy provides an established office user
