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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
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
- Offering Memorandum
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
1 of 6
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Steele Ridge Plaza Building #2 | 297 E Crossroads Blvd
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