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La Quinta Inn & Suites Fremont/Silicon Valley 46200 Landing Pky 148 Room Hotel Fremont, CA 94538 For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a corporate-owned, 148-room, five-story, La Quinta Inn & Suites that is located off Interstate 880 in the southeast San Francis
- Located off I-880 and 11mi from San Jose International Airport, the property provides convenient access to an array of key hotel demand generators.
- Per Section O of the Wyndham Franchise Agreement, there is a favorable PIP cap in place that is transferable to the Buyer.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inn & Suites in Fremont, California. Located off Interstate 880 and close to Tesla Fremont Gigafactory, HPE, Seagate, Western Digital, Amazon Warehouse, and the Pacific Commons Shopping Center, the 148-room hotel receives business from a diverse population of both corporate and leisure segments.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 76,847 SF |
| Property Type | Hospitality | No. Rooms | 148 |
| Property Subtype | Hotel | No. Stories | 5 |
| Building Class | B | Year Built/Renovated | 1999/2012 |
| Lot Size | 2.54 AC | Corridor | Interior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.54 AC |
| Building Size | 76,847 SF |
| No. Rooms | 148 |
| No. Stories | 5 |
| Year Built/Renovated | 1999/2012 |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $187.00 | - |
| Guest Room | 144 | $152.00 | - |
PROPERTY TAXES
| Parcel Number | 519-0850-088-05 | Improvements Assessment | $12,515,910 |
| Land Assessment | $4,403,324 | Total Assessment | $16,919,234 |
PROPERTY TAXES
Parcel Number
519-0850-088-05
Land Assessment
$4,403,324
Improvements Assessment
$12,515,910
Total Assessment
$16,919,234
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La Quinta Inn & Suites Fremont/Silicon Valley | 46200 Landing Pky
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