1320 N Redwood Rd, Saratoga Springs, UT
Well-positioned retail center in rapidly growing Saratoga Springs, Utah.
- 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
Listing agent Brandon Goodman License #UT 8775369-SA00
Listing office Colliers | Utah County (801) 610-1300
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
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 |
Alternative Uses
Current Use by Public Records
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