Comfort Suites Plano East - Richardson
Listing was updated at: 04/17/2019
Property Overview
Price/Rent PSF $ 6,400,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 46,089
Date Available 04/17/2019
Additional URL Link
Parking 95
Floors 4
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Description

Location
Property is located in Plano TX at the North West corner on Pres George Bush Turnpike and Jupiter Rd.

Sale
Comfort Suites Plano is a 76 room limited service hotel located in Plano, Texas. Constructed in 2008, the midscale hotel is located in one of the fastest growing markets in the entire Dallas/Fort Worth MSA. The hotel was renovated in 2016 (new paint, roof, windows, flooring, carpet, breakfast chairs, other furniture) and common areas and guest rooms were updated with the Move to Modern design elements available to the owner at that time.

Plano, TX is home to roughly 281,000 residents, several Fortune 1000 companies, and more than 10,000 businesses. It is the 9th largest city in Texas and the 4th largest in the Dallas Fort Worth region. The property is located less than one mile from the $1.5 billion CityLine development that is anchored by State Farm and Raytheon Co Regional Headquarters. State Farm has almost 10,000 employees working in four high-rise office buildings at Bush Turnpike and Plano Road in the CityLine complex. Toyota’s invested $1 billion on it’s new corporate campus in Plano on 100 acres and the economic impact in Plano is estimated at $7.2 billion.

Location