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Multi-Tenant Retail Investment 2631 N Hill Field Rd 4,441 SF 100% Leased Retail Building Layton, UT 84041 $1,632,372 CAD ($367.57 CAD/SF) 6.42% Cap Rate
Investment Highlights
- Retail Investment w/ Drive-Thru
- (2) Buildings, (3) Tenants
- High Traffic Location
Executive Summary
Prime investment opportunity in the heart of Layton! This 4,441 SF property on Hill Field Road offers a high-traffic location and a valuable multi-tenant layout designed for optimum return. Boasting a convenient drive-thru and abundant parking, this 3-tenant property spans 2 buildings, providing a compelling value-add opportunity. With a staggering 26,000 average daily traffic count, this property is tailor-made for the savvy retail investor seeking a strategic, income-generating asset in a bustling retail environment.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,441 SF
Year Built
2000
Price
$1,632,372 CAD
Price Per SF
$367.57 CAD
Cap Rate
6.42%
NOI
$104,740 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.48 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-035-0042 | Total Assessment | $1,089,748 CAD |
| Land Assessment | $465,389 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $624,359 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
09-035-0042
Land Assessment
$465,389 CAD
Improvements Assessment
$624,359 CAD
Total Assessment
$1,089,748 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Multi-Tenant Retail Investment | 2631 N Hill Field Rd
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