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Hyatt Place Phoenix/Gilbert 3275 S Market St 127 Room Hotel Gilbert, AZ 85297 For Sale
INVESTMENT HIGHLIGHTS
- Upside with PIP completion
- Excellent Location
- Fee Simple, Institutional Quality Property
- Strong & Emerging Submarket
- Leading Brand Affiliation & Only Hyatt in Submarket
- Offered Well Below Replacement Cost
EXECUTIVE SUMMARY
Cushman & Wakefield has been exclusively retained to offer for sale the fee-simple interest in the 127-room Hyatt Place Phoenix/Gilbert (the “Hotel” or “Property”). Located at 3275 S. Market Street, Gilbert, Arizona, the Property is in the heart of Gilbert, which is home to World-class companies and ranked No.1 for office development in the U.S. Gilbert is located at the northeast corner of the Loop 202/Santan Freeway and Val Vista Drive (cloverleaf interchange). Gilbert is ±20 miles southeast of Phoenix and central to many Valley attractions.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 127 |
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.35 AC | Parking Ratio | 3/1,000 SF |
| Building Size | 80,981 SF | Corridor | Interior |
| Zoning | R-CH | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.35 AC |
| Building Size | 80,981 SF |
| No. Rooms | 127 |
| No. Stories | 6 |
| Year Built/Renovated | 2009/2024 |
| Tenancy | Single |
| Parking Ratio | 3/1,000 SF |
| Corridor | Interior |
| Zoning | R-CH |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 127 | $136.00 | - |
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PROPERTY TAXES
| Parcel Number | 304-46-972 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,730,131 |
PROPERTY TAXES
Parcel Number
304-46-972
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,730,131
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Hyatt Place Phoenix/Gilbert | 3275 S Market St
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