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Steele Ridge Plaza Building #8 337 E Crossroads Blvd 5,990 SF 100% Leased Retail Building Saratoga Springs, UT 84045 $4,100,000 ($684.47/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Food and lifestyle tenants with long-term leases and annual escalations
- Located near Walmart, Costco, and other national anchors in a booming retail hub
- Drive-thru accessible building with strong daily traffic and visibility
EXECUTIVE SUMMARY
Located in the heart of Saratoga Springs’ thriving retail corridor, this 5,990 SF multi-tenant building features a strong lineup of food and lifestyle tenants including Zeppes, Aura Collective, and Z-Ku Sushi & Ramen. Each tenant is secured on long-term leases with annual rent escalations, contributing to consistent foot traffic and reliable income. The building’s modern design, drive-thru access, and proximity to major national retailers make it a high-performing asset in a rapidly growing market. Completion is scheduled for October 2025.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,990 SF
Building Class
B
Year Built
2025
Price
$4,100,000
Price Per SF
$684.47
Cap Rate
6%
NOI
$246,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.00 AC
Zoning
Regional Commercial (RC)
NEARBY MAJOR RETAILERS
1 of 5
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Steele Ridge Plaza Building #8 | 337 E Crossroads Blvd
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