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115 North Blvd

6,600 SF Office Building Clinton, NC 28328 £828,720 (£126/SF) 7.24% Net Initial Yield

Executive Summary

Home to the NC Works Career Center under the NC state government, this 6,600 SF office building is located on approximately 1.97 acres on North Boulevard, just off US Highway 421 in northwestern Clinton, NC. NC Works has occupied the building since it was constructed (approximately 2000), and the current lease extends through June 30, 2027. The tenant has a 7-year renewal option. Please inquire to agent regarding specific lease details.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,600 SF
Building Class
B
Year Built
2000
Price
£828,720
Price Per SF
£126
Net Initial Yield
7.24%
NOI
£60,041
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,600 SF
Building FAR
0.08
Land Acres
1.97 AC
Opportunity Zone
Yes
Zoning
Commercial - Commerical
Parking
43 Spaces

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • NC Works Career Center
  • Public Administration
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
NC Works Career Center Public Administration 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12018294301
Land Assessment
£10,990
Improvements Assessment
£472,149
Total Assessment
£483,139
  • Listing ID: 34060257

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: 115 North Blvd, Clinton, NC 28328

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