Description
This property is located in the thriving city of Saratoga Springs, Utah which presents an attractive investment opportunity with Locally recognized tenants . Situated on a spacious 0.643-acre lot, this property boasts a Brand New building spanning 7,200 square feet, strategically positioned in a high-visibility location. There are currently 3-5 years remaining on these NNN Leases. Saratoga Springs, Utah, is a rapidly growing city with a robust economy. The population has surged in recent years, reaching approximately 40,000 residents, thanks to its desirable quality of life and affordable housing options. The city has experienced significant residential development, offering a range of housing choices to accommodate the growing population. Saratoga Springs benefits from its strategic location near major employment centers like Salt Lake City and Provo, attracting commuters and fostering a strong local economy. The city also boasts a range of amenities and recreational opportunities, including access to Utah Lake, parks, trails, and community events. Overall, Saratoga Springs presents an attractive investment destination with a growing population, flourishing businesses, and abundant recreational amenities. There are approximately 3-5 years remaining on these NNN lease with. 3% rent increases built-in every year. Very experienced User/Tenants. Located in the retail district of Saratoga Springs across from the "Steele Ridge Development." The building sits in a great location on very busy N Redwood Road. Visible to 16K+ vehicles/day Nearby retailers include Walmart, McDonalds, Autozone, Walgreens, Wendy's, Subway, Jersey Mikes, Kneaders and many others Current Leases in Place: Tenneys Pizza CBD Plus, LLC Dunked Cookies, LLC Straight Up Dance Accademy
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0BEDS
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0.64ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This property is located in the thriving city of Saratoga Springs, Utah which presents an attractive investment opportunity with Locally recognized tenants . Situated on a spacious 0.643-acre lot, this property boasts a Brand New building spanning 7,200 square feet, strategically positioned in a high-visibility location. There are currently 3-5 years remaining on these NNN Leases. Saratoga Springs, Utah, is a rapidly growing city with a robust economy. The population has surged in recent years, reaching approximately 40,000 residents, thanks to its desirable quality of life and affordable housing options. The city has experienced significant residential development, offering a range of housing choices to accommodate the growing population. Saratoga Springs benefits from its strategic location near major employment centers like Salt Lake City and Provo, attracting commuters and fostering a strong local economy. The city also boasts a range of amenities and recreational opportunities, including access to Utah Lake, parks, trails, and community events. Overall, Saratoga Springs presents an attractive investment destination with a growing population, flourishing businesses, and abundant recreational amenities. There are approximately 3-5 years remaining on these NNN lease with. 3% rent increases built-in every year. Very experienced User/Tenants. Located in the retail district of Saratoga Springs across from the "Steele Ridge Development." The building sits in a great location on very busy N Redwood Road. Visible to 16K+ vehicles/day Nearby retailers include Walmart, McDonalds, Autozone, Walgreens, Wendy's, Subway, Jersey Mikes, Kneaders and many others Current Leases in Place: Tenneys Pizza CBD Plus, LLC Dunked Cookies, LLC Straight Up Dance Accademy
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-08T17:39:28.08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.