6055 LBJ Freeway
Dallas, TX 75240
 Holiday Inn Express | No PIP | The Galleria · Hospitality Property For Sale · 74,656 SF

View Photo

INVESTMENT HIGHLIGHTS

  • Discover the strategic opportunity to acquire Holiday Inn Express & Suites North Dallas at Preston, a well-maintained hotel with strong performance.
  • Holiday Inn Express & Suites North Dallas at Preston is being offered below replacement cost and unencumbered by management.
  • Conveniently located along Interstate 635, the hotel garners significant demand from business and leisure travelers.
  • Benefit from the hotel’s affiliation with IHG One Rewards, one of the world’s largest hotel loyalty programs boasting over 100 million members.
  • Investors will benefit by implementing aggressive marketing strategies and operational initiatives to improve occupancy and returns.
  • Guests enjoy access to a wealth of nearby retail amenities, including Target, McDonald’s, Aldi, Starbucks, Taco Bell, and the famous Galleria Dallas.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.18 AC
Building Size 74,656 SF
No. Stories 4
Year Built/Renovated 2008/2023
Tenancy Single
Parking Ratio 1.73/1,000 SF
Corridor Interior
Zoning Z248

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

LINKS

TRANSPORTATION

TRANSIT/SUBWAY
Forest Lane
Dallas Area Rapid Transit (DART)
Red Line
Orange Line
 8 min drive 3.7 mi
Lbj/Central
Dallas Area Rapid Transit (DART)
Red Line
Orange Line
 5 min drive 3.5 mi
Sherman Pocket Track
Dallas Area Rapid Transit (DART)
 7 min drive 3.9 mi
Spring Valley
Dallas Area Rapid Transit (DART)
Red Line
Orange Line
 8 min drive 4.6 mi
Walnut Hill
Dallas Area Rapid Transit (DART)
Red Line
Orange Line
 9 min drive 5.8 mi

COMMUTER RAIL
Medical/Market Center
Dallas Area Rapid Transit (DART)
Trinity Railway Express
 15 min drive 11.1 mi
Trinity Mills Station
Dallas Area Rapid Transit (DART)
Green Line
 14 min drive 11.4 mi
Hebron Station
20 min drive 14.4 mi
Downtown Irving/Heritage Crossing Station
Dallas Area Rapid Transit (DART)
Trinity Railway Express
 19 min drive 14.6 mi
Old Town Station
22 min drive 17.7 mi

airplane iconAIRPORT
Dallas Love Field
16 min drive 10.3 mi
Dallas-Fort Worth International
24 min drive 19.2 mi

PROPERTY TAXES

Parcel Number 0074370A000020000 Improvements Assessment $1,877,100
Land Assessment $2,372,900 Total Assessment $4,250,000

MAP

ADDITIONAL PHOTOS

View Photo Beautifully Designed Modern Lobby
View Photo Breakfast Seating with Vaulted Ceilings
View Photo 3,000-Square-Foot Meeting/Event Space
View Photo 2 Queen Bed Suite with Living Room
View Photo Attractive Exterior Facade
View Photo Covered Lobby Entrance with Appealing Masonry
View Photo Breakfast Buffet for Guests
View Photo Elevator Banks in Lobby
View Photo King Suite with Ample Living Space
View Photo King Suite View of Living Area
View Photo King Suite Spacious Bathroom
View Photo King Suite Amenities and Storage
View Photo King Standard Suite Bedroom
View Photo King Suite Standard Amenities
View Photo King Standard Suite Vanity
View Photo 2 Queen Bed Suite
View Photo Modern and Spacious Business Center
View Photo On-Site Fitness Center
View Photo Heated Indoor Pool and Lounge Area
View Photo Outdoor Patio with Seating
View Photo Guest Laundry Facility
View Photo Exceptional Location Near the Galleria Dallas

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.