2363 Hill Field RdLayton, UT 84041
- Office properties
- 4,037 SF
Property Details for 2363 Hill Field Rd
- Year built
- 2006
- Property size (Sq ft)
- 4,037 SF
- Property type
- Office properties
- Property subtype
- Other office properties
Description
This exceptional investment opportunity presents a two-unit, 4,037 square foot executive office building located at 2363 N Hill Field Rd, Layton, UT 84041. Built in 2006, this property consists of two units, currently fully leased, offering a strong cash flow. The asking price is $890,000, with a pro-forma NOI of $68,980 and a pro-forma cap rate of 7.75%. The property boasts a high-traffic location on Hill Field Road, experiencing an average annual daily traffic count of 26,000 vehicles. Annual operating expenses include a $10,080.72 association fee, $5,260 in property taxes, and $3,360 in utilities. This is an owner-user investment opportunity, with both units available for purchase together. The property's strong tenant base and desirable location make it an attractive investment for those seeking a stable and profitable asset in the Layton, Utah market. This is a rare opportunity to acquire a fully leased, two-unit office building in a high-demand area. The property's solid financials and prime location make it an ideal investment for both owner-users and investors seeking a strong return on investment.
Location Insight
- City
- Layton
- County
- Davis
- State
- Utah
- Latitude
- 41.0948
- Longitude
- -111.974
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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