First Watch Restaurant 991 N 400 Way 5,897 SF Retail Building Layton, UT 84041 $5,285,523 CAD ($896.31 CAD/SF) 5.15% Cap Rate

Introducing "Veterans Memorial Hwy-134 Retail Plaza" at 991 Hill Field Rd, Layton, UT, a lucrative investment opportunity! Featuring a newly constructed 5,897 SF building on a prime 1.82 AC lot, this property boasts a long-term 15-year Absolute NNN lease with First Watch, a rapidly growing dine-in concept with over 2,000 projected locations by 2030. With a solid lease structure offering zero landlord responsibilities and contractual rent increases every 5 years, this investment provides a hassle-free, passive income stream. Situated as an out-parcel to Layton Hills Mall, which sees 3.9M annual visitors, the property benefits from a bustling retail environment with major anchor tenants and planned $5M+ renovations. Located just 20 minutes from Downtown Salt Lake City, an epicenter of growth in the Sunbelt region, this property offers a strategic investment opportunity in a high-traffic area. Don't miss out on owning a piece of this thriving market and capitalize on the potential of "Veterans Memorial Hwy-134 Retail Plaza"!