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Steele Ridge Plaza Building #9 337 E Crossroads Blvd 5,975 SF 75% Leased Retail Building Saratoga Springs, UT 84045 $3,760,000 ($629.29/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Food-anchored retail with Twisted Sugar, Holy Taco, and Marco’s Pizza
- One suite available for lease-up upside in a high-growth market
- Drive-thru accessible building with strong daily traffic
EXECUTIVE SUMMARY
Building 9 is a 5,975 SF multi-tenant retail property offering a strong blend of food and service tenants with room for additional lease-up. Current tenants include Twisted Sugar, Holy Taco, and Marco’s Pizza—all on 10-year leases with annual rent escalations—creating a steady customer draw and reliable income stream. One 1,500 SF suite remains available, providing investors with immediate upside potential. With average rents of $37.74 PSF and completion set for October 2025, Building 9 presents a balanced opportunity for both stable returns and future growth in the rapidly expanding Saratoga Springs market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,975 SF
Building Class
B
Year Built
2025
Price
$3,760,000
Price Per SF
$629.29
Cap Rate
6%
NOI
$225,500
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.00 AC
Zoning
Regional Commercial (RC) - Regional Commercial
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- C
- 1,464 SF
- Retail
- In-Line
- 30 Days
| Space | Size | Space Use | Position | Available |
| C | 1,464 SF | Retail | In-Line | 30 Days |
C
| Size |
| 1,464 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
NEARBY MAJOR RETAILERS
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Steele Ridge Plaza Building #9 | 337 E Crossroads Blvd
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