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Marriott Hotel
Tempe, AZ 85281

$7,500,000 USD

Hotel For Sale  •  40,408 SF

Property Details

• Property Type Hotel
• Total Building Size 40,408 SF
• Lot Size 2.62 AC
• Building Class B
• Year Built 2024
• Cap Rate 3.53 %
• Zoning PCC2

46 Transit Score

52 Walk Score

Highlights

Generational Once-in-a-Lifetime Brand New 99 Year Absolute NNN Ground Lease by Marriott Hotel

Brand New 2021 Prototype Construction - Fairfield & Townplace Suites Flags - Annual 2% Rent Bumps

Irreplaceable Locations in Front of Tempe Marketplace - Premiere Retail District within Tempe AZ

Zero LL Duties - Longest Primary Term in Retail - Very Low Downside Risk (Value of Improvements)

Part of Arizona State University Trade Area (55K+ Students) - Tremendous Technology West Coast Hub

Marriott International Inc. (NASDAQ: MAR) is Global Lodging Leader (7600+) - Iconic World Brand!

Cap Rate:

3.53 %

Amenities

• Fitness Center
• Pool
• Restaurant
• High Speed Internet Access
• Patio
• On-Site Bar
• Meeting Event Space
• Public Access Wifi
• Smoke-Free
• Hot Tub

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	12 min	-	6.8 mi
Phoenix-Mesa Gateway	33 min	-	22.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	170
Type:	Surface
Included in Rent:	Yes