18 Rio Grande St, Salt Lake City, UT 84101
The Gateway Mall, a prominent Salt Lake City landmark originally constructed for the 2002 Winter Olympics, presents a unique investment opportunity. This 623,000 square foot, two-story retail and office complex sits on a 21-acre lot at 18 N Rio Grande St, Salt Lake City, UT 84101 (APN: 15-01-177-009, 15-01-131-1018, 08-36-376-015, 08-36-376-014, 08-36-376-013, Cross Street: 500 West). The property features multiple tenancies, with spaces ranging from a minimum divisible size of 1,741 square feet to a maximum contiguous space of 22,000 square feet. Under new management, The Gateway Mall has undergone significant improvements, incorporating new features designed to enhance the visitor experience. These include multiple art exhibits, outdoor recreation areas, and inviting walking paths. Its prime location in the heart of downtown Salt Lake City ensures high visibility and consistent foot traffic, making it an attractive destination for both locals and tourists. This iconic shopping center continues to be a vital part of the Salt Lake City landscape, offering a compelling investment opportunity in a thriving urban environment. The property's strategic location and recent upgrades position it for continued success and strong returns.
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Gateway Management Office Corporate Office
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EVgo Charging Station Electric Vehicle Charging Station
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Don Rickles Mural (Bike/Boat/Book/etc) Store Production Facility
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Festa Italiana SLC Charitable Organization Social Service Agency
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Mind The Gap Music Festival Music Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.