Westin Hotel - Hospitality FOR SALE
Tempe, AZ 85281 |
Westin Hotel
Tempe, AZ 85281
HIGHLIGHTS
- Once in a Lifetime Asset - New 25 Yr. Absolute NNN Sale Leaseback by Strong Multi-Unit Operator
- Hyper-Dense Trophy Site in Downtown Tempe AZ - Located within Arizona State University Area
- Brand New Westin by Marriott Hotel Built in 2021 - 17 Floors with 290 Rooms/Roof Top Pool Bar
- Tempe is One of the Fastest Growing Technology Cities in U.S. - Fortune 500 Company Growth
- World-Class Management (Crescent Hotels & Resorts) - Occupancy/Performance Surpassed Projections
- Phoenix MSA Voted One of “Top 50 Places to Live” - Tremendous Population Growth - 5th Largest City
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
25 Yr. Sale Leaseback- Trophy Downton Asset
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
292725
STORIES
18
ROOM ENTRANCE
Interior
BUILDING CLASS
A
YEAR BUILT
2021
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CC
APN/PARCEL ID
132-27-359
