999 N Hill Field Rd, Layton, UT 84041 For Sale

This STNL KeyBank is an outparcel to Layton Hills Mall, home to 100 retailers drawing 3.9MM annual visitors. The NNN Corporate Guaranteed lease just signed a brand new 5-year lease extension, leaving ±7 years of term remaining, along with two 5-year renewal options with 10% rent increase. The tenant has been operating at this site for nearly 35 years.

The subject property is positioned at the hard corner signalized intersection entrance to the mall and offers immediate access to I-15 (134,3000 VPD), the primary north/south thoroughfare with connection to major cities. Affluent demographics are noted in the surrounding 3-mile radius – $102,400 average HHI with population of +103,600. The site is in the heart of Layton in the main retail corridor of David County, UT, surrounded by other national retailers.

KeyBank has strong financial ratings and brand recognition with +1,100 branches and +1,500 ATMs across 15 states. Since inception, KeyBank has completed 13 acquisitions. KeyBank holds an A- credit rating from Standard & Poor’s and trades on the NYSE. As of June 30, 2025, the company reported assets exceeding $185B and second-quarter revenue of $1.8B.

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