
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.
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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 |


