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    Saratoga Springs Retail Center Title is generated by Realmo AI

    1320 N Redwood Rd, Saratoga Springs, UT

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    Well-positioned retail center in rapidly growing Saratoga Springs, Utah.

    Type:RETAIL
    Property size:
    100,897 SF
    Lot size:
    14.35 Acres
    Price / SF:
    $315/SF
    Added:
    Apr 18, 2025
    Days on Market:
    423
    Last Refresh:
    May 20 at 8:16 pm

    Property Features for 1320 N Redwood Rd

    General Information

    Standard status
    Active
    Size
    100,897 SF
    Lot size
    14.35 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Brandon Goodman

    Listing agent Brandon Goodman License #UT 8775369-SA00

    Listing office Colliers | Utah County

    Listing date Apr 18, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Utah County

    HighLights

    • Located in Saratoga Springs, one of Utah's fastest‑growing cities.
    • Strategically positioned along Redwood Road, a major commercial corridor with high traffic counts and strong visibility.
    • Anchored by a diverse mix of national and regional tenants, drawing consistent consumer activity.
    • Strong tenant base provides long‑term stability.
    • Surrounded by expanding residential developments and ongoing infrastructure improvements.
    • Mix of essential services, specialty retail, and dining enhances the customer experience.

    Overview

    Saratoga Crossroads is a retail center located in Saratoga Springs, Utah. Situated along Redwood Road, a major commercial corridor, the property benefits from high traffic and visibility. The center is anchored by a mix of national and regional tenants. The tenant base drives steady consumer traffic. Recognized brands provide long-term stability, while a mix of essential services, specialty retail, and dining enhances the customer experience. This variety encourages cross-shopping and attracts a broad demographic, making the center a key destination in the market. Creditworthy tenants reinforce investment security, ensuring consistent performance in a rapidly growing area. The property is surrounded by expanding residential developments and ongoing infrastructure improvements. Saratoga Springs is experiencing population and economic expansion. The area has seen a surge in residential development, with thousands of new homes being built to accommodate the increasing demand. This rapid growth has fueled strong retail and commercial activity, attracting national and regional brands seeking to establish a presence in this thriving market. Additionally, infrastructure investments, including road expansions and new public amenities, continue to enhance accessibility and drive further economic development. The property contains 100897 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $2.52M $24.96
    − Vacancy −$105.8k −$1.05
    EGI $2.41M $23.91
    − OpEx −$723.8k −$7.17
    NOI $1.69M $16.74
    100,897 SF · lease $24.96/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $24.13M
    $21.11M – $28.15M (±1% cap)
    NOI $1,688,832 @ 7.0% cap · market cap 5.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $27.81M
    $24.34M – $32.45M (±1% cap)
    NOI $1,946,909 @ 7.0% cap · market cap 6.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Quick-Tag — Walmart Supercenter, 136 W UT-73, Saratoga Springs, UT 84045
    • Radawns — 228 Crossroads Blvd, Saratoga Springs, UT 84045
    • The Crossing @ Saratoga Springs — 689 N Redwood Rd, Saratoga Springs, UT 84045

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Utah
    State
    Utah
    Longitude
    -111.918
    Latitude
    40.3297

    FAQs

    What type of property is this?
    Shopping center - Well-positioned retail center in rapidly growing Saratoga Springs, Utah.
    Where is this shopping center located?
    The property is located at 1320 N Redwood Rd Saratoga Springs, UT.
    What is the asking price?
    The asking price for this property is $31,880,000.
    What are key features of this property?
    This property features: Located in Saratoga Springs, one of Utah's fastest‑growing cities.; Strategically positioned along Redwood Road, a major commercial corridor with high traffic counts and strong visibility.; Anchored by a diverse mix of national and regional tenants, drawing consistent consumer activity.
    (801) 610-1300 Call to check price and availability
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