2363 Hill Field RdLayton, UT 84041

Property Details for 2363 Hill Field Rd

Year built

2006

Property size (Sq ft)

4,037 SF

Property type

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

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