Layton- Tanapanit
Retail | 11,039 SqFt
Marketing description
Rare opportunity in Layton. Prime location adjacent to the AMC theater. There are two restaurant tenants and one empty unit, which one of them is owned by the Owner (99 Thai Fusion). The price of the business is additional $500,000 (revenue is $923k, with net cash flow of $169k).
Plenty of flexibility from the Seller. If Buyer is not interested in the business, owner is willing to lease back from the Buyer for the 99 Thai and the vacant unit next to it with the market rate rent ($19-$21 psf). The other restaurant tenant has 2 more years in the current term with 2- 5 years renewal options in place. The offering Memorandum has more information on the three units.
Investment highlights
Owner is willing to lease back two of the units; one is currently occupied by Owner. Appraisal conducted in 2025 shows a $2.8mil value without the business.
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