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Bank Branch Building 849 W Hill Field Rd 13,186 SF Retail Building Layton, UT 84041 $1,900,000 ($144.09/SF)
INVESTMENT HIGHLIGHTS
- Great visibility on hard corner in Layton
- Please do not disturb tenants
- Shown by appointment only
EXECUTIVE SUMMARY
• Sale & Partial Leaseback: Bank Tenant to leaseback 5,226 sf for 7 years
• Occupancy & WALT: Fully occupied following Bank Tenant’s proposed leaseback and features 4.50 years of WALT
• Credit Tenant: Bank Tenant National Association is rated A+
• Location: Prime visibility and strategically located on Hill Field Road
• Strong Area Demographics: Within a 3-mile radius, there are 32,948 households featuring average annual income of $119,130 with daytime population of 103,314
• Shown by appointment only
• Please do not disturb tenants
• Occupancy & WALT: Fully occupied following Bank Tenant’s proposed leaseback and features 4.50 years of WALT
• Credit Tenant: Bank Tenant National Association is rated A+
• Location: Prime visibility and strategically located on Hill Field Road
• Strong Area Demographics: Within a 3-mile radius, there are 32,948 households featuring average annual income of $119,130 with daytime population of 103,314
• Shown by appointment only
• Please do not disturb tenants
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
13,186 SF
Building Class
B
Year Built
1992
Price
$1,900,000
Price Per SF
$144.09
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
51 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
60’ on W Hill Field Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-067-0049 | Improvements Assessment | $1,481,295 |
| Land Assessment | $769,273 | Total Assessment | $2,250,568 |
PROPERTY TAXES
Parcel Number
10-067-0049
Land Assessment
$769,273
Improvements Assessment
$1,481,295
Total Assessment
$2,250,568
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Bank Branch Building | 849 W Hill Field Rd
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