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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1487 N Redwood Rd , Saratoga Springs, UT 84045
$2,665,600
Est. Payment: $5,923.56/mo
0 Bed
0 Bath
7000 Sqft
Status: Active | Days on site: 15
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55695 - 1321778
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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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Highlights

Listed by Stacie Papanikolas , 801-518-3999 Trico Property Management & Real Estate LLC , 801-571-8833.

Property Type

Commercial Sale
Lot/Acreage
0.78

Year Built

2006

County

Utah

Area

Am Fork; Hlnd; Lehi; Saratog.

 Neighborhood

Saratoga Walmart

Listing ID

2182459

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:RC
Others:
  • ▪ Additional:Blt./Standing
Principal Interest
$5,924
Taxes
$1,302

Home Price

$2,665,600

Loan Details

30 yrs
%

Down Payment

20%
$533,120
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,923.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,923.56 $1,302.17 $0.00 $7,225.72
Yearly $71,082.67 $15,626.00 $0.00 $86,708.67
Total $2,132,480.00 $468,780.00 $0.00 $2,601,260.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Saratoga Springs, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.