3508 N I-35E
Lancaster, TX 75134
Sleep Inn | Mainstay Suites Hotel · Hospitality Property For Sale · 20,000 SF

Property Details The Sleep Inn | Mainstay Suites Lancaster is an 80-room, three-story, dual-branded hotel is anticipated to open in the first quarter of 2019. This dual-branded midscale hotel offers a unique opportunity to acquire a limited-service and extended stay property in one. With an excellent location near Interstate 35 and Interstate 20, this hotel allows a new investor to chance to tap into two large market segments. The hotel offers spacious guest rooms that all come equipped with a microwave, refrigerator, work desk, lounge chair, and a flat-screen television with premium cable. Select rooms include fully-equipped kitchens and a separate seating and dining area. Common area amenities include a pool, fitness center, and business center. Location Overview Lancaster, Texas is a dynamic region with major developments projected in the near future. The city sits just south of Dallas which is the largest urban center of the fourth most populous metropolitan area in the United States. The Sleep Inn | Mainstay Suites Lancaster is situated in the Interstate 20 & Interstate 35 Corridor rich with multiple industries. This desirable location is attractive to business and leisure travelers alike. At the end of 2017 Seattle-based Amazon announced the rental of a new 920,000-square foot warehouse building off Dallas Avenue south of Interstate 20 (5.0 miles), which is south of the Amazon Fulfillment Center on Interstate 20 at J.J. Lemmon Road (6.0 miles). Also, Wayfair Inc. (0.7 miles) brought a nearly 875,000-square-foot distribution space to the corridor as well. The Amazon and Wayfair rental deals were two of the largest warehouse transactions in southern Dallas County in 2017. In addition, the L’Oreal Group (5.0 miles) cosmetic retailer built a $17 million, 500,000-square-foot North Texas regional distribution center. Furthermore, the region offers a myriad amount of local attractions for leisure activities which all sit within a 30-mile radius of the Sleep Inn | Mainstay Suites Lancaster. Some attractions include the AT&T Stadium home of the Dallas Cowboy’s (22.3 Miles), Dallas World Aquarium (11.9 Miles), and Downtown Dallas (11.2 Miles). The Dallas Love Field Airport (17.0 miles) and the Dallas Fort Worth International Airport (29.2 miles) are available for travelers.