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23706101
23706102

1565 UT-193, Layton, UT 84040

SS
UT UT 11838996
Colliers - Pleasant Grove - Utah County, Utah
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Los Angeles - Orange County, California
$3,852,000
460 days on market
Updated 80 days ago

Multi-Tenant NNN Retail Asset

Details
APN 09-051-0069
Property Type Retail
Sub Type Shopping Center
Square Footage 5,350
Cap Rate 6.25%
NOI $240,750
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Year Built 2025
Acreage 1.000
Investment Type Net Lease

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 Uses

  • Strong 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

SS
UT UT 11838996
Colliers - Pleasant Grove - Utah County, Utah
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Pleasant Grove - Utah County, Utah, Colliers - Los Angeles - Orange County, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,750.00
$20,062.50/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Zoning

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R-1-10 ResidentialSingle FamilySingle Family Residential
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Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Sage Shepard
License
UT 11838996
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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