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851 N McCormick Way 21,660 SF 100% Leased Industrial Building Layton, UT 84041 $5,250,000 ($242.38/SF) 6.32% Cap Rate

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INVESTMENT HIGHLIGHTS

  • NNN Lease

EXECUTIVE SUMMARY

Great investment opportunity! Currently leased by a nutraceutical and supplement manufacturer, this building supports specialized production uses with upgraded power, warehouse, ample dock and grade-level loading. Best if purchased with adjacent 855 N. McCormick Way. Built in 1999, this well-built distribution warehouse and office building consists of non-combustible exterior walls (block). It features over 9002 SF of office and approximately 25,155 SF (including 4,501 SF mezzanine) of warehouse/manufacturing space. This building's layout is set up for numerous industrial uses including pharmaceutical and supplement type manufacturing, storing and primed for shipping logistics. The building is fully climate controlled with both heating and cooling systems and features industrial-grade lighting, ventilation, and exhaust systems, as well as a comprehensive fire-sprinkler set up for safety and compliance. The exterior is professionally improved with paved parking.

PROPERTY FACTS

Price $5,250,000
Price Per SF $242.38
Sale Type Investment NNN
Cap Rate 6.32%
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 3.00 AC
Rentable Building Area 21,660 SF
No. Stories 1
Year Built 1999
Parking Ratio 4.21/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 5
Zoning M

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-066-0079
Land Assessment
$510,305
Improvements Assessment
$1,409,695
Total Assessment
$1,920,000
  • Listing ID: 39242904

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 851 N McCormick Way, Layton, UT 84041

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