Property summary
This exceptional retail opportunity is located at 515 Ring Rd, Layton, UT 84041, within the Layton Hills Plaza. The property features a 19,708 square foot single-story building constructed in 1982, offering a total of eight suites. Currently, 1,561 square feet of space is available for lease, ideal for a restaurant or similar business. The space is a desirable end-cap unit with a drive-thru, perfectly positioned to capitalize on high traffic counts. Hill Field Road boasts an average daily traffic (ADT) of 45,998 vehicles, while I-15 sees an impressive 144,818 ADT. The property benefits from its proximity to a strong anchor tenant, Layton Hills Mall, and is surrounded by a variety of established businesses including Wendy's, Texas Roadhouse, Chick-fil-A, McDonald's, Olive Garden, Key Bank, and Dick's Sporting Goods. The minimum leasable space is 1,500 square feet, with a maximum contiguous space of 19,708 square feet available. The asking lease rate is $45 per square foot, NNN. The property's APN is 103170004. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving retail environment in Layton, Utah.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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