The Gateway_Property for Sale
The Gateway_Property for Sale

The Gateway

400 W 200 S, Salt Lake City, Utah 84101

Description

Jones Lang LaSalle (“JLL”) is pleased to offer the opportunity to acquire The Gateway (the “Property,” “Project,” or “Offering”), Salt Lake City's premier urban, mixed-use destination encompassing 613,041 SF of best-in-class open-air retail, office, and entertainment space spanning 20.9 acres and ideally situated in the heart of downtown.


The Gateway is a generational investment opportunity, anchored by renowned experiential and entertainment-based tenants and surrounded by Salt Lake City’s most compelling growth drivers, including the Delta Center, home to Utah’s NBA and NHL teams (Utah Jazz & Utah Mammoth), the Salt Palace Convention Center, the Power District redevelopment, and Temple Square.


With current occupancy of 92%, The Gateway generates robust in-place cash flow and offers outstanding potential for further value creation through targeted lease-up, potential conversion of office uses back to retail spaces, substantial markto- market rental upside, and continued repositioning as Salt Lake City’s preeminent hub for entertainment, retail, and cultural activity. Supported by consistent daily, event, and destination traffic, this irreplaceable property doubles as the focal point for commerce and community in one of the nation’s fastest-growing metropolitan markets.

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Attributes

Building area net
613,041 sf
Occupancy
92%
Year built
2005
WALT
6.3 years

Media

Investment highlights

  1. Impressive 5.0%+ CAGR
  2. Thoughtfully Crafted Retail Tenant Roster
  3. Fully Leased Office Component
  4. 6.3 Years of WALT
  5. Excellent Lease-Up & Mark-To-Market Opportunities
  6. Flagship Downtown Core Location
  7. Diverse Income Streams
The Gateway 4_Property for Sale
The Gateway 4_Property for Sale

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Last updated
Dec 17, 2025