999 N Hill Field Rd - Bank FOR SALE


Layton, UT 84041
$3,588,000 USD
858-822-9811
999 N Hill Field Rd, Layton, UT for Sale
$3,588,000 USD
Bank - FOR SALE
1/16
null | 5.75% Cap Rate

999 N Hill Field Rd
Layton, UT 84041


HIGHLIGHTS

  • NNN Corporate Guaranteed Lease with One Renewal Option
  • ±35 Year Operating History at this Site
  • ±2 Year Lease Term Remaining
  • Positioned at the Hard Corner Signalized Intersection Entrance to Layton Hills Mall (3.9MM Annual Visitors)
  • Outparcel to Layton Hills Mall which ranks in the 97th Percentile Nationwide for Visits within the “Shopping Centers” Category, per Placer.ai
  • Immediate Access to I-15 (+134,300 VPD), the Primary North/South Thoroughfare

OVERVIEW

This STNL KeyBank is an outparcel to Layton Hills Mall, home to 100 retailers drawing 3.9MM annual visitors. The NNN Corporate Guaranteed lease has ±2 years remaining and one 5-year renewal option with 10% rent increase. The tenant has been operating at this site for nearly 35 years. The subject property is positioned at the hard corner signalized intersection entrance to the mall and offers immediate access to I-15 (134,3000 VPD), the primary north/south thoroughfare with connection to major cities. Affluent demographics are noted in the surrounding 3-mile radius – $102,400 average HHI with population of +103,600. The site is in the heart of Layton in the main retail corridor of David County, UT, surrounded by other national retailers. KeyBank has strong financial ratings and brand recognition with +1,100 branches and +1,500 ATMs across 15 states. Since inception, KeyBank has completed 13 acquisitions. KeyBank holds an A- credit rating from Standard & Poor’s and trades on the NYSE. As of June 30, 2025, the company reported assets exceeding $185B and second-quarter revenue of $1.8B. Watch Property Video: https://vimeo.com/1127610831

FOR SALE DETAILS

PRICE

$3,588,000 USD

PRICE/SF

$1,011 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KeyBank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

-

APN/PARCEL ID

10-317-0002

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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