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1428 N Redwood Rd 7,000 SF Retail Building Saratoga Springs, UT 84045 $3,689,190 CAD ($527.03 CAD/SF) 5.50% Cap Rate
Executive Summary
The property is strategically positioned along Redwood Road, one of Saratoga Springs’ primary commercial corridors, within one of Utah County’s fastest-growing communities. The site benefits from strong traffic counts, expanding residential development, and proximity to the broader Lehi/Silicon Slopes employment corridor.
The property operates under an NNN lease structure, with the tenant responsible for real estate taxes, insurance, CAM reimbursements, and various property-level expenses. The site also benefits from recorded reciprocal parking rights throughout the shopping center’s common facilities.
With a nationally recognized tenant, long-term lease commitment, strong underlying real estate, and location in a high-growth Utah market, this offering provides an attractive combination of stable income and long-term investment fundamentals.
Parcel Number 66-242-0009 shows the property address as 1487 N Redwood Rd. Saratoga Springs,
UT 84045. However, their mailing address is different than public record and is 1428 N Redwood Rd.
Saratoga Springs, UT 84045.
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 7,000 SF
- $29.37 CAD
- Triple Net
- Nov 2026
O'Reilly Auto Parts began in 1957 when the O'Reilly family formed O'Reilly Automotive in Springfield, Missouri, and the business has since expanded from a single-store operation into a broad automotive aftermarket retailer. The company supplies automotive parts, tools, equipment, and accessories for both professional service providers and do-it-yourself customers. O'Reilly Auto Parts serves a wide retail network across the United States and other North American markets, supporting customers through stores, distribution, and service-oriented sales programs. The company remains focused on automotive replacement parts and related products while maintaining a long-running presence in the automotive retail sector.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 7,000 SF | $29.37 CAD | Triple Net | Nov 2026 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 66-242-0009 | Improvements Assessment | $1,178,614 CAD |
| Land Assessment | $1,601,426 CAD | Total Assessment | $2,780,041 CAD |
Property Taxes
Presented by
1428 N Redwood Rd
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