1487 N Redwood Rd

Active

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.

Listing courtesy of Trico Property Management & Real Estate LLC. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. 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.

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Price:$2,665,600
Address:1487 N Redwood Rd
City:Saratoga Springs
County:Utah
State:Utah
Zip Code:84045
Subdivision:SARATOGA WALMART
MLS:2182459
Year Built:2006
Acres:0.78
Lot Square Feet:0.78 acres
aduYN:no
country:US
mlsStatus:Active
currentUse:Retail
postalCity:Saratoga Springs
constStatus:Blt./Standing
imageStatus:All Public
lotSizeArea:0.78
lotSizeUnits:Acres
mlsAreaMajor:Am Fork, Hlnd, Lehi, Saratog.
directionFaces:South
frontageLength:0.0
livingAreaUnits:Square Feet
taxAnnualAmount:15626
LotSizeSquareFeet:33976.8
buildingAreaTotal:7000
lotSizeDimensions:0.0x0.0x0.0
propertyCondition:Blt./Standing
seniorCommunityYN:no
shortTermRentalYN:no
zoningDescription:RC
idxContactInformation:801-571-8833
vowContactInformation:801-571-8833
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