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The Springs Retail Center 25 N Hillcrest Dr 2,659 - 2,825 SF of Retail Space Available in Saratoga Springs, UT 84045
HIGHLIGHTS
- Located in the fastest Growing City in the Fastest Growing State (Utah).
- Excellent exposure on busy Redwood Road (24,000 Annual Average Daily Traffic in 2024).
- Highly visible location. Endcap. Best location among all tenants.
- Within Walking Distance to Flagship Hillcrest Condos.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,659-2,825 SF | 14’ | 3-5 Years | $40.48 CAD/SF/YR $3.37 CAD/SF/MO $114,361 CAD/YR $9,530 CAD/MO | Triple Net (NNN) |
1st Floor
2659 Square foot End Cap Suite plus two new Sheds in the back(more than 280 sqft additional unheated storage space)7.75x 14.75 foot=114 square foot plus 9 x 18.5 =166.5 square foot. Refrigerated Drinking Fountain x 2 Bathroom x 2, a rare find. New 20 year roof. Current tenant, Crossfit, had been a happy tenant for more than 15 years. Comparable new retail property across Redwood Road, 300 yards to the northeast, is renting at $42-50 per square foot currently.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Corner Space
- High Ceilings
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 14’
- DDA Compliant
- Great views of Mountain/City
- Plenty of lights (Windows on three sides)
- Cool in the summer with AC (no south side window)
- Unbeatable Visibility from Busy Redwood Rd.
- Well maintained End Cap with plenty of parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE SPRINGS RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Allstate
- Insurance
- 16,931
- International
- Renegade Barbers
- Services
- 1
- -
- Rio Combat Team
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Allstate | Insurance | 16,931 | International |
| Renegade Barbers | Services | 1 | - |
| Rio Combat Team | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
| Total Space Available | 2,825 SF | Gross Leasable Area | 6,579 SF |
| Min. Divisible | 2,659 SF | Year Built | 2006 |
| Property Type | Retail | Parking Ratio | 4.26/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 2,825 SF |
| Min. Divisible | 2,659 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,579 SF |
| Year Built | 2006 |
| Parking Ratio | 4.26/1,000 SF |
ABOUT THE PROPERTY
6,579 retail storefront building with pylon and building signage and plenty of parking with 4.1/1000 SF ratio. Cotenants include Allstate, Renegade Barbers and Rio Combat Team. 2024 DEMOS EST. POPULATION 1 MILE » 9,482 3 MILE » 58,684 5 MILE » 149,816 EST. HOUSEHOLDS 1 MILE » 2,675 3 MILE » 15,754 5 MILE » 40,044 EST. AVERAGE HH INCOME 1 MILE » $121,611 3 MILE » $131,722 5 MILE » $134,535
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
Chive
The Springs Retail Center | 25 N Hillcrest Dr
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