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.

Features
: Forced Air
: Central Air
: Asphalt, Shingle
: Ada Accessible, Accessible Approach With Ramp
: Brick Veneer, Block
: Block, Slab
: Public Sewer
: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available, Natural Gas - Separate
: Public
Address Map
US
UT
Davis
Layton
84041
Main
1155
Street
W112° 1' 1.3''
N41° 4' 34.1''
N
Outside of Summit and Wasatch Counties
Wasatch Front
58 - Wasatch Front (Ogden, Salt Lake City)
MLS Addon
Engel & Volkers Park City
Jeff Mathews
15181
3111
No
$19,126
2023
10-029-0098
Complete
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Commercial For Sale

1155 Main Street, Layton, Utah 84041

11,142 Sqft
$2,000,000
Listing ID #12304079
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 12304079
Price : $2,000,000
Square Footage : 11,142 Sqft
Year Built : 1999
Status : Active
List Price/SqFt : $180
Contact Agent