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Property Description

Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment – PLEASE DO NOT DISTURB TENANTS.

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Additional Information
19126
Engel & Volkers Park City
$0
Rich
Bear Lake County
Bear Lake County
Bear Lake
Bear Lake County
$2,200,000
12
10-029-0098
Fenced: Full,sidewalks,sprinkler: Auto-full,view: Mountain

Commercial Sale For sale

1155 N MAIN, Layton, Utah 84041

0.77 Acre
$2,000,000
Listing ID #1967332
Basic Details
Status : Active
Property Type : Commercial Sale
Property sub-type : Retail
Listing Type : For sale
Listing ID : 1967332
Price : $2,000,000
Year Built : 1999
Lot Area : 0.77 Acre
Country : US
State : UT
County : Davis
City : Layton
Zipcode : 84041
DOM : 130
Neighborhood : Layton City
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