for sale - loopnet...investment opportunity 2421 walnut hill lane, dallas, tx 75229 for sale salman...

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INVESTMENT OPPORTUNITY 2421 Walnut Hill Lane, Dallas, TX 75229 FOR SALE Salman (Sam) Tabani 972.810.7729 x1 [email protected] Tabani Realty 15455 Dallas Parkway Addison, TX 75001 972.810.7729 tabanirealty.com

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INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

FOR SALE

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

Sale Price: $8,200,000

Building Size: 47,450 SF

Lot Size: 2.26 Acres

Number Of Rooms: 121

Cap Rate: 7.03%

NOI: $576,540

Year Built: 1983

Renovated: 2019

Zoning: Hospitality/Commercial

Market: Dallas

Submarket: DFW

OFFERING SUMMARY PROPERTY OVERVIEW

The La Quinta Inn & Suites in Dallas is listed exclusively with Tabani Realty. Theproperty is offered on a fee simple basis. LaQuinta Dallas was built in 1983and most recently remodeled in 2018 to new LQ UP design standards. Thehotel has 121 rooms in a single building with interior corridors across 4 floors.The overall building size is 47, 450 SF and sits on 2.26 acres with the buildingone of the major highway 35. Some of the amenities that the hotel offers arean outdoor pool, a fitness center, business center, meeting room, andcomplimentary area shuttle that goes to Dallas Love Field Airport. Guests willalso enjoy free parking, free WiFi, 24-hr front desk, and complimentarycontinental breakfast.

ADDITIONAL INFORMATION

Please note that this a brief informational flyer. To get moreinformation, such as financials and STR reports, please create anaccount on our website to view the full Offering Memorandum. Startby clicking the button with a lock that mentions "OM" on the listingpage. You can then sign an electronic confidentiality agreement.Please email us directly at [email protected] if you needassistance.

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Executive Summary

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Additional Photos

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Additional Photos

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Additional Photos

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Location Maps

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Retailer Map

Salman (Sam) Tabani972.810.7729 [email protected]

Tabani Realty15455 Dallas Parkway

Addison, TX 75001972.810.7729

tabanirealty.com

POPULATION 1 MILE 5 MILES 10 MILES

Total population 1,297 214,262 1,047,197

Median age 30.9 32.6 33.6

Median age (Male) 32.2 32.2 33.3

Median age (Female) 30.2 32.8 33.9

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 520 74,413 415,745

# of persons per HH 2.5 2.9 2.5

Average HH income $51,461 $77,047 $87,288

Average house value $253,933 $296,500

* Demographic data derived from 2010 US Census

FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229

Demographics Map & Report

Tabani Realty • 15455 Dallas Parkway • Addison, TX 75001 • 972.810.7729 • tabanirealty.com