REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Paige Steckling

paigestecklingrealtor@gmail.com +1(385) 475-4110

$ 2,665,600

Est. payment | -/mo

0.78 Acres Lot

Save

$ 2,665,600

Est. payment | -/mo

Save

0.78 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Saratoga Walmart

MLS Listing ID 2182459

Construction Status Blt./Standing

HOA Y/N No

Year Built 2006

Annual Tax Amount $15,626

Lot Size 0.780 Acres

Acres 0.78

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Retail

Property Description

10-year O'Reilly Auto Parts investment opportunity in Saratoga Springs, one of Utah County's fastest-growing communities. The property is backed by a newly executed 10-year lease with O'Reilly Auto Parts, a nationally recognized, investment-grade automotive parts retailer, providing long-term income with limited near-term rollover risk. Annual Base Rent: $148,608 Estimated NOI: $146,608 Rent Growth: 20% scheduled increase in 2031 Lease Structure: NNN tenant reimburses real estate taxes, insurance, CAM and various property-level expenses Location: Redwood Road, a primary Saratoga Springs commercial corridor Market: High-growth Utah County location near the Lehi / Silicon Slopes employment corridor Parking: Recorded reciprocal/shared parking rights within the shopping center The property benefits from strong traffic counts, continued residential development and a long-term lease commitment from a nationally recognized tenant. The offering provides an attractive combination of stable income, contractual rent growth and long-term real estate fundamentals. Address Note: Parcel 66-242-0009 is reflected in public records as 1487 N. Redwood Rd., Saratoga Springs, UT 84045. The property's mailing address is 1428 N. Redwood Rd., Saratoga Springs, UT 84045.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Interior

Fireplace No

Exterior

View Y/N No

Present Use Retail

Private Pool No

Building

Faces South

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 66-242-0009

Listed by Trico Property Management & Real Estate LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(385) 475-4110

paigestecklingrealtor@gmail.com

6975 S Union Park Ave, Cottonwood Heights, UT 84047, USA

1487 N REDWOOD RD Saratoga Springs, UT 84045

Paige Steckling

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

1487 N REDWOOD RD