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Layton Retail Hard Corner Property
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1995 N Main St., Layton, UT

Freestanding retail property with a 10-year NNN lease.

Property Size9,000 SF
Lot Size0.76 Acres
Price / SF$307.78
Days on Market362

Property Features for 1995 N Main St.

General Information

Standard status Active
Size 9,000 SF
Lot size 0.76 Acres
Property subtype RETAIL
Listing Agency: Newmark | Salt Lake City
Listed By: Bryce Blanchard · License #5487558-SA00
Source: Moodyscre
Added: Oct 10, 2025 Changed: Sep 10 Last Checked: Oct 5 at 9:31PM

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 Newmark | Salt Lake City

Investment Insights

Based on property information with market context.

This freestanding retail property is located on a hard corner in Layton, at the intersection of Main Street and Antelope Drive. The property has a 10-year NNN lease. It can be purchased as a portfolio with the Orem and Tooele locations. The property size is 9,000 square feet.

Key Highlights

  • Freestanding hard corner retail location on Main Street and Antelope Drive in Layton
  • 10 Year NNN Lease
  • Attractive 6.75 Cap Rate

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$108,786
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,175,720 $2.2M
Cap Rate 7%
$1,554,086 $1.6M
Cap Rate 9%
$1,208,733 $1.2M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$174.4K $19.38/SF
− Vacancy
−$19.0K −$2.11/SF
EGI
$155.4K $17.27/SF
− OpEx
−$46.6K −$5.18/SF
NOI
$108.8K $12.09/SF
Area
Davis County, UT
Vacancy
10.90%
Lease Rate
$19.38 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,175,720
Cap Rate 7%
$1,554,086
Cap Rate 9%
$1,208,733

Alternative Uses

Best Use
Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,786 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,503 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Get Some Guns ... Gun Shop

Suggested Use

Top Pick Gym & Fitness Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service HVAC Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,406
Businesses Nearby
103k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 75% Shops & Services 24% Beauty & Spa 2%
McDonald's Dining
30,101 visits/mo 0.2 miles
Wendy's Dining
15,742 visits/mo 0.5 miles
Extra Space Storage Shops & Services
11,112 visits/mo 0.1 miles
Arby's Dining
10,476 visits/mo 0.2 miles
Burger King Dining
9,777 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail property with a 10-year NNN lease.
Where is this retail space located?
The property is located at 1995 N Main St. Layton, UT.
What is the asking price?
The asking price for this property is $2,770,000.
What are key features of this property?
This property features: Freestanding hard corner retail location on Main Street and Antelope Drive in Layton; 10 Year NNN Lease; Attractive 6.75 Cap Rate
(801) 578-5534 Call to check price and availability
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