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Bank Branch Building 849 W Hill Field Rd 13,186 SF Retail Building Layton, UT 84041 $2,592,056 CAD ($196.58 CAD/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
$2,592,056 CAD
Price Per SF
$196.58 CAD
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
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-067-0049 | Improvements Assessment | $2,061,518 CAD |
| Land Assessment | $1,070,597 CAD | Total Assessment | $3,132,116 CAD |
Property Taxes
Parcel Number
10-067-0049
Land Assessment
$1,070,597 CAD
Improvements Assessment
$2,061,518 CAD
Total Assessment
$3,132,116 CAD
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Bank Branch Building | 849 W Hill Field Rd
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