Westin Hotel | Tempe, AZ 85281
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Westin Hotel
Tempe, AZ 85281
25 Yr. Sale Leaseback- Trophy Downton Asset · Hospitality Property For Sale · 292,725 SF
Investment Highlights
- Once in a Lifetime Asset - New 25 Yr. Absolute NNN Sale Leaseback by Strong Multi-Unit Operator
- 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 | Building Size | 292,725 SF |
| Property Subtype | Hotel | No. Stories | 18 |
| Building Class | A | Year Built | 2021 |
| Lot Size | 0.85 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.85 AC |
| Building Size | 292,725 SF |
| No. Stories | 18 |
| Year Built | 2021 |
| Corridor | Interior |
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 |
PROPERTY TAXES
Parcel Number
132-27-359
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,790,156
zoning
| Zoning Code | CC |
| CC |
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