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Park Lane Commons 1067 Grand Ave 8,744 SF 53% Leased Retail Building Farmington, UT 84025 For Sale
INVESTMENT HIGHLIGHTS
- Transit-Oriented Development (TOD) Location – Highly walkable setting surrounded by over 850+ multifamily units, providing built-in customer traffic.
- Stable, Strong-Rent Tenants – AAA and Mathnasium are current tenants, benefiting from high market rents and reinforcing investment stability.
- High-Quality, Low-Maintenance Asset – Built in 2017, featuring modern storefront retail/office design with premium finishes.
- High-Visibility Location – Near Station Park, Davis County’s top retail and dining hub, attracting strong foot traffic. Steps from a bus stop and just
- Davis County’s Extremely Low Vacancy Rates – With one of the lowest vacancy rates in the region, this asset represents a low-risk investment with cons
- Exceptional Accessibility – Direct access to I-15, Highway 89, and Park Lane, capturing both commuter and local traffic.
EXECUTIVE SUMMARY
Exceptional 8,744 SF Class A retail/office property located in the heart of a high-growth Transit-Oriented Development (TOD) in Farmington, Utah. This investment opportunity offers a mix of stable in-place income and future upside potential in one of Davis County’s most desirable submarkets.
The property is currently leased to AAA Insurance (3,569 SF) and Mathnasium (1,107 SF)—two well-established, high-credit tenants operating under NNN lease structures. A total of 4,068 SF remains available across two suites, offering an ideal opportunity for additional lease-up or owner-user occupancy.
Strategically positioned near Station Park, UTA Frontrunner, and major arterials such as I-15 and Highway 89, Park Lane Commons offers both strong visibility and excellent accessibility in a highly walkable setting surrounded by dense residential development and growing commercial demand.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
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-
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| Other Income |
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
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$9.99
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FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Finance and Insurance
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99,999 SF
- -
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Lorem Ipsum
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Established in 1902 by nine motor clubs, today AAA provides millions of members with automotive, travel, insurance and financial services through its federation of motor clubs and branches across North America. Since its founding, AAA has been a leader and advocate for safe mobility. They have been serving AAA members on the road and around the world. Today, they offer their extensive services to members on the internet. Now, more than ever, AAA is able to help members around the clock with all their Cars & Driving, Insurance, Banking and Loan needs. Their members enjoy special services, valuable savings, and priceless security. Since 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for safe mobility.
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- Educational Services
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99,999 SF
- -
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Mathnasium's instructional approach goes beyond traditional math tutoring. The Mathnasium Method™ transforms the way kids understand and appreciate math, which in turn builds their confidence and their love of learning. Their mission is to teach children math so they understand it, master it, and love it. Math can change their lives, and they can change the world. Children are not hardwired to be good or bad at math. With the right materials, the right instruction, and the right support, any child can learn, enjoy, and thrive in math. There’s nothing better than a well-trained, enthusiastic, and compassionate instructor providing face-to-face instruction to support each child exactly where they need it most. Learning math and solving math problems are fundamentally stimulating, rewarding, and fun activities. Although math mastery is a serious subject, they know how to keep the process fun.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | - | |
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Educational Services | 99,999 SF | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-486-0102 | Improvements Assessment | $1,247,970 |
| Land Assessment | $493,774 | Total Assessment | $1,741,744 |
PROPERTY TAXES
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Park Lane Commons | 1067 Grand Ave
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