Multi-Tenant NNN Retail Asset
New Construction Multi-Tenant Retail | 6.25% CAP | 5,350 SF
Marketing description
The Snyder Carlton National Net Lease Team is pleased to present an outstanding investment opportunity: a newly constructed 5,350 SF retail asset located at 1565 E UT-193, Layton, UT. This 1-acre property is leased to three established and complementary tenants: FiiZ Drinks, Oakley Roasting Company, and Stena Ice Cream, creating a strong mix of beverage and dessert offerings that drive consistent customer traffic. The property features long-term leases, with three tenants signed to 10- year primary terms, each including two 5-year renewal options, ensuring stable and predictable cash flow. Additionally, this asset offers a Triple Net (NNN) Lease structure, placing all expenses—including taxes, insurance, and maintenance—on the tenants, making it an ideal passive investment.
A key highlight of this opportunity is that all three leases are personally guaranteed by an individual with a net worth exceeding $100 million, significantly enhancing the security of rental income. Strategically positioned on a high-traffic retail corridor, the property benefits from strong visibility and accessibility, surrounded by major national and regional retailers, including Layton Hills Mall, Walmart Supercenter, The Home Depot, Harmons Grocery, Walgreens, and Starbucks.
Investment highlights
Brand-New Construction - NNN Lease – Minimal Landlord Responsibilities
Established & Growing Tenants - Leased to FiiZ Drinks, Oakley Roasting Company, and Stena
Ice Cream, Creating a Complementary Mix of High-Traffic Retail UsesStrong Personal Guarantee – Secured Investment
Long-Term Lease Commitments – Secure Income Stream - 10-Year Primary Lease Terms for all Tenants, Two 5-Year Tenewal Options
Built-In Rent Growth – Inflation-Resistant Income
Prime Location in a Thriving Retail Corridor - High-Traffic Area Along UT-193
Rapidly Growing Trade Area – Strong Demos Approx. 148,400 Residents in a 5-Mile Radius
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?















