$2,665,600

1487 N REDWOOD RD, Saratoga Springs UT, 84045

Price per sqft$380.80

Built in2006

Property size7,000 sqft

Property typeCommercial

Overview

Active

Listed Sep 1, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 2182459

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.78 Acres

Other Property Details

Taxes: $15,626
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of Trico Property Management & Real Estate LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 5:33 AM UTC, 9/2/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alysa Woods shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.