The Crossing at Saratoga Springs

Highlights

• Premier Grocery-Anchored Center in the Market Anchored by the top performing Smiths Food & Drug in the stateSaratoga Springs stands out as one of the areas premier grocery-anchored shopping centers.
• Saratoga Springs Population Up 1,930% Since 2000 The 3-mile population surrounding 689 N Redwood Rd has surged from 4,210 in 2000 to 85,526 in 2024, with projections topping 102,786 by 2029.
• Secure and Stable Income Stream with 7.90-Year WALT Saratoga Springs boasts a weighted average lease term (WALT) of 7.90 years across its tenant roster, reflecting a secure, long-term income profile. This extended lease horizon enhances stability and minimizes rollover risk, with many leases extending well into the 2030s.
• Immediate Upside Offering includes a 39,117 Sq. Ft undeveloped pad that is estimated to generate an additional $150,000 in revenue once built.
• 100% Occupied Across 37 Quality Tenants Saratoga Springs is fully leased to 37 tenants spanning national brands, regional anchors, and high-performing pads. This rare 100% occupancy rate underscores the propertys strong market positioning, tenant retention, and leasing momentum.
• Affluent Trade Area with $149K+ Average Household Income Within 3 miles, households earn an average income of $149,504, with median incomes surpassing $122Kunderscoring the strong local spending power.

Location