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261 E Crossroads Blvd
Saratoga Springs, UT 84045
Steele Ridge Plaza Building #10 · Retail Property For Sale
EXECUTIVE SUMMARY
Building 10 is a 10,518 SF multi-tenant retail property featuring a strong tenant mix including Smash Burger, Sage Beauty & Wellness, and Fizolis—all secured on long-term leases with annual rent escalations. The building includes drive-thru capabilities and is strategically positioned along Crossroads Blvd, offering excellent visibility and access in a high-traffic retail corridor. Surrounded by national retailers and located in one of Utah’s fastest-growing cities, this asset provides stable income and long-term leasing strength in a newly constructed, high-demand retail environment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,518 SF
Building Class
B
Year Built
2025
Price
$5,765,422
Price Per SF
$548.15
Cap Rate
6.75%
NOI
$389,166
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.23 AC
Zoning
Regional Commercial (RC)
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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