1155 N Main Street
Layton,
UT
84041
Property Details
List Price: |
$2,000,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
11142 |
Agency: |
Engel & Völkers Park City |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1999 |
Notes: |
Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment - PLEASE DO NOT DISTURB TENANTS. |
MlsNumber: |
12304079 |
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Listing Provided By: |
Engel & Völkers Park City, original listing |
Name: |
Engel & Völkers Park City |
Phone: |
(435) 850-7000 |
Office Name: |
Engel & Völkers Park City |
Office Phone: |
(435) 850-7000 |
Agent Name: |
Jeff Mathews |
Disclaimer: |
Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |