For Sale Commercial MLS# 2182459

1487 N REDWOOD RD

Saratoga Springs, UT 84045

$2,665,600

utahrealestate logo

About 1487 N REDWOOD RD

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.

Property details

Property

Type
commercial
Year built
2006
Living area
7,000 sqft
Price / sqft
$381
Lot
0.78 ac
List date
Aug 25, 2026

Schools

District
Alpine School District

Location

Subdivision
SARATOGA WALMART
Neighborhood
City Center

Location

Neighborhood
City Center
Subdivision
SARATOGA WALMART
School district
Alpine School District

Ask about this property

Questions on 1487 N REDWOOD RD, Saratoga Springs, UT 84045, or want to see it in person?

Listed by Stacie Papanikolas, Trico Property Management & Real Estate LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.