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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 Two Renewal Options
- ±7 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.
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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 began in 1825 through the chartering of the Commercial Bank of Albany and took its current form in 1994 after a merger between Society Corporation and KeyCorp. The company provides personal banking, small business banking, commercial banking, treasury and cash management, lending, and wealth management services across a broad U.S. banking network. KeyBank also serves institutional clients through capital markets, investment banking, and advisory capabilities, while Key Private Bank supports affluent and nonprofit clients with trust, portfolio management, and charitable giving services. The business remains part of a large financial services organization with long historical roots and a diversified mix of consumer, commercial, and institutional offerings.
| 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
Contact the Sale Advisor
KeyBank | 999 N Hill Field Rd