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KeyBank 999 N Hill Field Rd 3,550 SF Retail Building Layton, UT 84041 $3,588,000 ($1,010.70/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN Corporate Guaranteed Lease with One Renewal Option
- ±2 Year Lease Term Remaining
- Outparcel to Layton Hills Mall which ranks in the 97th Percentile Nationwide for Visits within the “Shopping Centers” Category, per Placer.ai
- ±35 Year Operating History at this Site
- Positioned at the Hard Corner Signalized Intersection Entrance to Layton Hills Mall (3.9MM Annual Visitors)
- Immediate Access to I-15 (+134,300 VPD), the Primary North/South Thoroughfare
EXECUTIVE SUMMARY
The subject property is positioned at the hard corner signalized intersection entrance to the mall and offers immediate access to I-15 (134,3000 VPD), the primary north/south thoroughfare with connection to major cities. Affluent demographics are noted in the surrounding 3-mile radius – $102,400 average HHI with population of +103,600. The site is in the heart of Layton in the main retail corridor of David County, UT, surrounded by other national retailers.
KeyBank has strong financial ratings and brand recognition with +1,100 branches and +1,500 ATMs across 15 states. Since inception, KeyBank has completed 13 acquisitions. KeyBank holds an A- credit rating from Standard & Poor’s and trades on the NYSE. As of June 30, 2025, the company reported assets exceeding $185B and second-quarter revenue of $1.8B.
Watch Property Video: https://vimeo.com/1127610831
PROPERTY FACTS
AMENITIES
- Signage
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Finance and Insurance
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99,999 SF
- -
-
Jan 0000
KeyBank is a regional banking institution operating under KeyCorp, headquartered in Cleveland, Ohio. The company was formed in 1994 through the merger of Society Corporation and KeyCorp, though its roots trace back to 1825. KeyBank provides a wide range of financial services, including consumer banking, commercial lending, investment management, mortgage services, and treasury solutions. The bank serves individuals, small businesses, and institutional clients across 15 states, with a significant presence in the Midwest, Northeast, and select western markets. KeyBank is publicly traded on the New York Stock Exchange under the ticker symbol KEY and is a member of the S&P 500. Its Phoenix office focuses on commercial banking and private client services, supporting regional businesses with lending and financial advisory solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Finance and Insurance | 99,999 SF | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-317-0002 | Improvements Assessment | $972,163 |
| Land Assessment | $457,837 | Total Assessment | $1,430,000 |
PROPERTY TAXES
Presented by
KeyBank | 999 N Hill Field Rd
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