Listed by Colliers - Pleasant Grove - Utah County, Utah
$5,810,000
Steele Ridge Plaza Buildings #6 & #7
Details
APN 66-949-0006
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 9,040
Units 6
Lease Type NNN
Pro-Forma Cap Rate 6.13%
Pro-Forma NOI $355,968
Class A
Year Built 2026
Buildings 2
Acreage 1.120
Zoning Regional Commercial (RC)
Ground Lease No
9,040 SF of brand-new retail space ready for tenants
Marketing description
Buildings 6 & 7 at Steele Ridge Retail Center offer a combined 9,040 SF of modern retail space designed to accommodate today’s most in-demand retail and service concepts. With six thoughtfully sized suites and drive-thru capabilities, these buildings are ideally suited for food, beverage, and convenience-oriented tenants. Located along the high-traffic Crossroads Blvd corridor and surrounded by national retailers like Walmart, Costco, and Home Depot, the property benefits from strong visibility and consistent consumer draw. The buildings are scheduled for completion in Q3 of 2026, providing a rare opportunity to position tenants in a brand-new retail environment within one of Utah’s fastest-growing cities.
Investment highlights
- 9,040 SF multi-tenant retail across two buildings on 1.12 acres
- Six suites ranging from 1,408 to 1,704 SF, all currently vacant
- Drive-thru capabilities ideal for food and beverage tenants
- Positioned along Crossroads Blvd with 17,000+ daily traffic
- Completion scheduled for Q3 2026
- Located in one of Utah’s fastest-growing cities with nearly 29% projected population growth
Listing Contacts
Listed by Colliers - Pleasant Grove - Utah County, Utah
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