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Steele Ridge Plaza Building #2 297 E Crossroads Blvd 7,350 SF 70% Leased 4-Star Retail Building Saratoga Springs, UT 84045 $4,546,000 ($618.50/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Flexible suite layout ideal for food, wellness, and boutique retail
  • Surrounded by national retailers including Walmart, Costco, and Home Depot
  • Positioned along Crossroads Blvd with 17,000+ daily traffic

EXECUTIVE SUMMARY

Building 2 is a 7,350 SF multi-tenant retail property located along Crossroads Blvd in Saratoga Springs, Utah. Completed in 2025, the building features a mix of food and service tenants including Wurst Smokehouse, with additional suites available for lease-up. The building’s modern design and flexible layout make it ideal for a variety of retail uses, including restaurant, wellness, and boutique service concepts. Positioned in a high-growth corridor with strong co-tenancy and over 17,000 vehicles per day, Building 2 offers investors a compelling opportunity for both stable returns and upside potential.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
7,350 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Price
$4,546,000
Price Per SF
$618.50
Cap Rate
6.50%
NOI
$295,463
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.79 AC
Zoning
Regional Commercial (RC)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • A
  • 2,561 SF
  • Retail
  • End Cap
  • Now
  • B
  • 1,565 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
A 2,561 SF Retail End Cap Now
B 1,565 SF Retail End Cap Now

A

Size
2,561 SF
Space Use
Retail
Position
End Cap
Available
Now

B

Size
1,565 SF
Space Use
Retail
Position
End Cap
Available
Now

NEARBY MAJOR RETAILERS

Burn Boot Camp
Anytime Fitness
VASA Fitness
Big Blue Swim School
Arctic Circle
Cafe Rio
Denny's
Bonchon
Olive Garden
Mo'Bettahs
  • Listing ID: 37709234

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 297 E Crossroads Blvd, Saratoga Springs, UT 84045

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