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R&R Tactical Indoor Gun Range 227 E Crossroads Blvd 31,195 SF 4-Star Retail Building Saratoga Springs, UT 84045 $11,700,000 ($375.06/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- R & R Tactical is the largest indoor gun range in Utah County and the second-largest in the state, an unparalleled recreational experience.
- 1.2M square feet of retail surround the property with a low 1.5% vacancy rate, plus 235,000 square feet is under construction that is fully leased.
- Saratoga Springs is among Utah’s fastest-growing cities, with the local population projected to grow by 18.62% by 2029.
- Within a mile of major retailers, including Walmart, Costco, Vasa Fitness, The Home Depot, and Smith’s Marketplace, ensuring a strong consumer base.
- E Crossroads Boulevard sees 17,000 daily vehicles, with traffic expected to increase due to ongoing expansion and new residential developments.
- Investment benefits from strong market fundamentals, driven by a high-demand retail and residential corridor that continues to experience growth.
EXECUTIVE SUMMARY
R & R Tactical at 227 E Crossroads Boulevard in Saratoga Springs presents a prime investment opportunity for a state-of-the-art gun range featuring groundbreaking technology, the first of its kind in the United States. This cutting-edge indoor shooting range facility boasts 12 tactically designed lanes, each with interactive firing courses, 37 pre-programmed training scenarios, and 17 light variations, including low-light and no-light settings. Unlike traditional ranges, customers can walk down each lane to engage in various training exercises.
In addition to its advanced design, R & R Tactical will offer 23 specialized training courses tailored for individuals, law enforcement, and military personnel. This broad range of offerings positions the facility as a key destination for recreational shooters and professionals seeking tactical training.
Located within the developing Steele Ridge Plaza, which includes 10 multi-tenant retail buildings and a car wash, the property benefits from excellent visibility and substantial consumer traffic. Notable co-tenants within the plaza include Marco's Pizza, Burn Boot Camp, Oakley Coffee, Fantastic Sams, Holy Taco, Sip-N Drinks & Treats, V Nails, Valet Clippers, and Indy Clover, creating dynamic customer synergy.
277 E Crossroads Boulevard benefits from seamless accessibility along E Crossroads Boulevard, which sees approximately 17,000 vehicles per day (VPD). The surrounding retail market is robust, with 1.2 million square feet of retail space within a 1-mile radius and an impressive 1.5% vacancy rate, signaling strong consumer demand.
Saratoga Springs is a rapidly growing community, with a projected population increase of 3.76% by 2029 and an average household income of $146,742. Moreover, Utah County boasts one of the state's most diverse and resilient economies, further enhancing this unique asset's long-term investment potential.
In addition to its advanced design, R & R Tactical will offer 23 specialized training courses tailored for individuals, law enforcement, and military personnel. This broad range of offerings positions the facility as a key destination for recreational shooters and professionals seeking tactical training.
Located within the developing Steele Ridge Plaza, which includes 10 multi-tenant retail buildings and a car wash, the property benefits from excellent visibility and substantial consumer traffic. Notable co-tenants within the plaza include Marco's Pizza, Burn Boot Camp, Oakley Coffee, Fantastic Sams, Holy Taco, Sip-N Drinks & Treats, V Nails, Valet Clippers, and Indy Clover, creating dynamic customer synergy.
277 E Crossroads Boulevard benefits from seamless accessibility along E Crossroads Boulevard, which sees approximately 17,000 vehicles per day (VPD). The surrounding retail market is robust, with 1.2 million square feet of retail space within a 1-mile radius and an impressive 1.5% vacancy rate, signaling strong consumer demand.
Saratoga Springs is a rapidly growing community, with a projected population increase of 3.76% by 2029 and an average household income of $146,742. Moreover, Utah County boasts one of the state's most diverse and resilient economies, further enhancing this unique asset's long-term investment potential.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
31,195 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$11,700,000
Price Per SF
$375.06
Cap Rate
8%
NOI
$935,850
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
2.16 AC
Frontage
241’ on Crossroads Boulevard
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 66-973-0001 | Improvements Assessment | $1,200,000 |
| Land Assessment | $2,859,800 | Total Assessment | $4,059,800 |
PROPERTY TAXES
Parcel Number
66-973-0001
Land Assessment
$2,859,800
Improvements Assessment
$1,200,000
Total Assessment
$4,059,800
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R&R Tactical Indoor Gun Range | 227 E Crossroads Blvd
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