Property Facts
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.
Misc. Overview
No
Blt./Standing
No
Property Features
Lot Dimensions
- Frontage: 197.0
- Side: 57.0
- Back: 197.0
Parking
- Number of stalls: 40
- Uncovered: 40
- Ratio / 1,000 Sq. Ft.: 4
- Stalls / Month$: 40 / 0
Property / Building Info
- Acres: 0.77
Retail Features
- Total Building Sq Ft: 11,179
- # Suites Available: 7
Features Include
Buyer's Brokerage Compensation
3% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| Lincoln School Public Preschool, Elementary |
PK | 0.81 mi | |
| North Layton Jr High School Public Middle School |
7-9 | 0.70 mi | |
| Paramount Reflections (YIC) School Public High School |
10-12 | 0.57 mi | |
| Dorius Academy Private High School |
9-12 | 0.39 mi | |
| Ellison Park School Public Preschool, Elementary |
PK | 0.85 mi | |
| Crestview School Public Preschool, Elementary |
PK | 0.88 mi | |
| Fernwood Academy Private High School |
9-12 | 0.88 mi | |
| Vae View School Public Preschool, Elementary |
PK | 0.88 mi | |
| North Davis Preparatory Academy Charter Elementary, Middle School |
K-9 | 0.93 mi | |
| Leadership Academy Of Utah Charter Middle School, High School |
6-12 | 1.09 mi | |
| Northridge Learning Center/Dorius Academy Private High School |
9-12 | 1.19 mi | |
| Northridge High School Public High School |
10-12 | 1.22 mi | |
| Central Davis Jr High School Public Middle School |
7-9 | 1.23 mi | |
| No Ut Academy For Math Engineering & Science (Nuames) Charter High School |
10-12 | 1.23 mi | |
| Layton School Public Preschool, Elementary |
PK | 1.23 mi |
School data provided by GreatSchools.
For information about radon testing for homes in the state of Utah click here.
Contact Agent
Listing Broker
Engel & Volkers Park City
890 Main Street
Suite 5-101
Park City, UT 84060
435-850-7000