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$ 3,200,000
Est. payment /mo
Price Dropped by $500K
768 W 1425 N Layton, UT 84041
2.1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2141450
Construction Status Blt./Standing
HOA Y/N No
Year Built 1999
Annual Tax Amount $19,292
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
Rare opportunity in Layton. Prime location adjacent to the AMC theater. There are two restaurant tenants and one empty unit, which one of them is owned by the Owner (99 Thai Fusion). The price of the business is additional $500,000 (revenue is $923k, with net cash flow of $169k). Plenty of flexibility from the Seller. If Buyer is not interested in the business, owner is willing to lease back from the Buyer for the 99 Thai and the vacant unit next to it with the market rate rent ($19-$21 psf). The other restaurant tenant has 2 more years in the current term with 2- 5 years renewal options in place. The offering Memorandum has more information on the three units. Square footage figures are provided as a courtesy estimate only and were obtained from ______________ . Buyer is advised to obtain an independent measurement.
Location
State UT
County Davis
Area Kaysville; Fruit Heights; Layton
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 10-213-0204
Listed by REALTY GROUP UTAH LLC
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