8703 E R L Thornton Fwy - Hospitality FOR SALE


Dallas, TX 75228
$10,900,000 USD
210-849-2175
8703 E R L Thornton Fwy, Dallas, TX for Sale
$10,900,000 USD
Hospitality - FOR SALE
1/17
null | 7.58% Cap Rate

8703 E R L Thornton Fwy
Dallas, TX 75228


HIGHLIGHTS

  • Fee-Simple Interest in the 90-Unit, 4-story Interior Corridor Holiday Inn Express Built in 2008
  • High-Performing Asset: Trailing twelve-month (TTM) period ending July 2025, the hotel achieved a RevPAR of $83.63, generating $2.36 million in Room
  • Strong Brand Affiliation – Excellent opportunity to become a new Holiday Inn Express franchisee or to grow an existing relationship with IHG
  • Prime Urban Location – Immediate I-30 access, minutes from Fair Park/Cottonbowl, downtown Dallas, and major hubs
  • Meeting & Event Space – 976 SF of flexible meeting areas for business and social events
  • Comprehensive Amenities – Business center, fitness center, pool, hot tub, and Wi-Fi

OVERVIEW

Singh Commercial Group at KW Commercial is pleased to offer the opportunity to acquire the Holiday Inn Express & Suites Dallas East, a 90-room, four-story upper midscale hotel located at 8703 E R L Thornton Freeway in the Dallas South/East submarket. Built in 2008 and renovated in 2020, the property benefits from strong brand affiliation and modern amenities. Positioned on 2.05 acres with 59,535 SF of building area, the hotel features 976 SF of meeting space, 89 surface parking spaces (0.99 per room), and guest-preferred amenities including a business center, fitness center, pool, and hot tub. Just minutes from Fair Park, downtown Dallas, and two major airports, this asset is well-situated to capture both business and leisure demand in a growing urban corridor. - Fee-Simple Interest in the 90-Unit, 4-story Interior Corridor Holiday Inn Express Built in 2008 - High-Performing Asset: Trailing twelve-month (TTM) period ending July 2025, the hotel achieved a RevPAR of $83.63, generating $2.36 million in Room Revenue - Strong Brand Affiliation – Excellent opportunity to become a new Holiday Inn Express franchisee or to grow an existing relationship with IHG - Prime Urban Location – Immediate I-30 access, minutes from Fair Park/Cottonbowl, downtown Dallas, and major hubs - Meeting & Event Space – 976 SF of flexible meeting areas for business and social events - Comprehensive Amenities – Business center, fitness center, pool, hot tub, and Wi-Fi - Strong Transportation Access – 21 minutes to Dallas Love Field, 36 minutes to DFW International Airport - Solid Market Fundamentals – Located in a high-demand submarket with strong tourism and corporate travel activity. Texas economy grew with 370,000 jobs in 2023, outpacing national growth by 1% - Ideal 1031 Exchange Up-leg Property for Owner-Operator. Offered Fee Simple, Unencumbered by Debt or Management Contract - Ownership completed the brand’s “Formula Blue” property improvement plan (PIP) and has maintained the property well. Therefore, a minimal change-of-ownership PIP would be expected upon transfer.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$183 USD /SF

# OF ROOMS

90

PRICE/ROOM

$121,111 {currency}

CAP RATE

7.58%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Dallas East

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

89

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,429 SF

ZONING

Z248

APN/PARCEL ID

008474000F0020000

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.