This Hospitality Property is no longer advertised on LoopNet.com.
Westin Hotel
New 25 Yr. Sale Leaseback- Trophy Downtown · Hospitality Property For Sale
·
290,383 SF
INVESTMENT HIGHLIGHTS
Once in a Lifetime Hospitality Asset - New 25 Yr. Absolute NNN Sale Leaseback - Fee Simple
Brand New Westin by Marriott Hotel Built in 2021 - 17 Floors with 290 Rooms/Roof Top Pool Bar
World-Class Management (Crescent Hotels & Resorts) - Occupancy/Performance Surpassed Projections
Hyper-Dense Trophy Site in Downtown Tempe AZ - Located within Arizona State University Area
Tempe is One of the Fastest Growing Technology Cities in U.S. - Fortune 500 Company Growth
Phoenix MSA Voted One of “Top 50 Places to Live” - Tremendous Population Growth - 5th Largest City
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
A
Lot Size
0.85 AC
Building Size
290,383 SF
No. Stories
18
Year Built
2021
Corridor
Interior
Zoning
CC
AMENITIES
Fitness Center Pool Restaurant Room Service
On-Site Retail High Speed Internet Access Patio
On-Site Bar Meeting Event Space Public Access Wifi
Smoke-Free Hot Tub Digital key
PROPERTY TAXES
Parcel Number
132-27-359
Improvements Assessment
$0
Land Assessment
$0
Total Assessment
$3,790,156
