1320 Redwood RdSaratoga Springs, UT 84043

Property Details for 1320 Redwood Rd

Year built

2003

Lot size

10.92 AC

Property size (Sq ft)

78,322 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

66-026-0009

APU

660260009

Description

This exceptional retail opportunity presents 118,640 square feet of commercial space at Saratoga Crossroads Shopping Center, located at 1320 Redwood Rd, Saratoga Springs, UT 84043. The property offers multiple tenancy options, with a minimum divisible space of 1,238 square feet and a maximum contiguous space of 3,050 square feet. Currently, 5,588 square feet of retail space is available for lease, providing flexibility for businesses of various sizes. Situated in Utah County, this center benefits from high visibility and convenient access, making it an ideal location for attracting customers. The property's strategic location within Saratoga Springs ensures strong foot traffic and exposure to a thriving community. This is a fantastic chance to establish or expand your business in a dynamic and rapidly growing area. The property is classified as retail commercial space and offers a prime location for businesses seeking high visibility and accessibility. The available space is suitable for a variety of retail uses, providing an excellent opportunity for businesses to thrive in a bustling commercial environment. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail property.

• CAP approach

  CAP return

  Valuation

  6%

  $30,417,264

  6.5%

  $28,077,476

  7%

  $26,071,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,543,368

  Geo Method

  $39,543,368

• Alternative Use

  Use

  Valuation

  Residential

  $23,684,400

  Hospitality

  $21,694,784

  Educational

  $18,049,806

  Medical

  $18,670,566

  Retail

  $28,077,476

Location Insight

City

Saratoga Springs

County

Utah

State

Utah

Latitude

40.3861

Longitude

-111.915

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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