Freestanding NNN
For Sale
Contact for pricing
Pending
1622 N 1000 W, Layton, UT 84041
Operating restaurant on a substantial site with an absolute NNN lease and multiple renewal options.
Property Size6,195 SF
Lot Size1.13 Acres
Days on Market142
Property Features for 1622 N 1000 W
General Information
Standard status
Pending
Size
6,195 SF
Lot size
1.13 Acres
Property subtype
Retail
Site & Location
Traffic Count
31,674 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
First City Team
Listed By:
steven zhao · License #RS315738
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 11:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First City Team
Investment Insights
Based on property information with market context.
The property is a 6,195-square-foot Applebee’s restaurant positioned on 1.13 acres at 1622 N 1000 W in Layton, Utah. The operating asset is subject to a 15-year absolute NNN lease with 2% annual rent bumps during the remaining initial term and two 10-year renewal options.
The restaurant occupies the signalized hard corner of Heritage Park Boulevard and Woodland Park Drive, where the combined traffic count is 31,674 VPD. I-15 is 0.6 miles northwest, with reported traffic of 112,525 VPD. The site is located along Layton’s Restaurant Row, within walking distance of more than 8 hotels totaling 946 units, and near the 70,000-square-foot Davis Conference facility, which hosts more than 700 groups annually.
Additional surrounding demand drivers include Hill Air Force Base, 2.5 miles north, East Gate Business Park, Weber State University, and a concentrated hospitality and retail corridor.
The restaurant occupies the signalized hard corner of Heritage Park Boulevard and Woodland Park Drive, where the combined traffic count is 31,674 VPD. I-15 is 0.6 miles northwest, with reported traffic of 112,525 VPD. The site is located along Layton’s Restaurant Row, within walking distance of more than 8 hotels totaling 946 units, and near the 70,000-square-foot Davis Conference facility, which hosts more than 700 groups annually.
Additional surrounding demand drivers include Hill Air Force Base, 2.5 miles north, East Gate Business Park, Weber State University, and a concentrated hospitality and retail corridor.
Key Highlights
- 6,195‑square‑foot Applebee’s restaurant on 1.13 acres
- 15‑year absolute NNN lease with 2% annual rent bumps
- Two 10‑year renewal options follow the initial lease term
Property Analytics
Current Use
Lease Details
31,674 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,794
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84041, UT
55,289
Population
19,171
Households
2.9
Avg Household Size
30
Median Age
31%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
3,711
Density / Sq Mi
$87,608
Median Household Income
$43,804
Median Earnings
$1,404
Median Rent
$395,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Kickin Seafood&Sushi Buffet（All You Can Eat） — 1120 N Main St, Layton, UT 84041
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant on a substantial site with an absolute NNN lease and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 1622 N 1000 W Layton, UT.
What are key features of this property?
This property features: 6,195‑square‑foot Applebee’s restaurant on 1.13 acres; 15‑year absolute NNN lease with 2% annual rent bumps; Two 10‑year renewal options follow the initial lease term
