1275 N Hill Field Rd - Bank FOR SALE


Layton, UT 84041
$3,084,000 USD
818-632-0233
1275 N Hill Field Rd, Layton, UT for Sale
$3,084,000 USD
Bank - FOR SALE
1/8
null | 5.35% Cap Rate

1275 N Hill Field Rd
Layton, UT 84041


HIGHLIGHTS

  • Approximately 5 Years Remaining | Salt Lake City MSA | Corporate Signed | Long Term Operating History | Strong Deposits
  • Absolute NNN Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Layton Hills Mall (3.5M+ Visitors) | Dense Retail Corridor
  • Hill Air Force Base | Nearby Residential Complexes
  • Located Along N. Hill Field Road (46,400+ VPD) | Interstate-15 Access | Excellent Visibility & Access
  • Strong Demographics in 5-mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, corporate signed, freestanding, Chase Bank investment property located in Layton, Utah (Salt Lake City MSA). The tenant, JPMorgan Chase & Co., has operated under this lease since 1979 and has approximately 5 years remaining on its term with 2 (5-year) option periods to extend. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,084,000 USD

PRICE/SF

$879 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

CP-3

APN/PARCEL ID

10-030-0080

ASK ABOUT THIS PROPERTY

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818-632-0233

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Aron ClineSRS National Net LeaseMore Info
818-632-0233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.