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6601 Henneman Way
McKinney, TX 75070
Holiday Inn Express & Suites · Hospitality Property For Sale · 80 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.56 AC
Building Size 47,612 SF
No. Rooms 80
No. Stories 4
Year Built 2017
Parking Ratio 2.08/1,000 SF
Corridor Interior
Zoning C - General commercial use

AMENITIES

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

ABOUT 6601 HENNEMAN WAY , MCKINNEY, TX 75070

The Holiday Inn Express & Suites McKinney – Frisco East is soliciting offers for a fee simple purchase. The property was the first ground up construction Formula Blue prototype built in North Texas. The hotel has 80 guest rooms across 4 floors and one meeting space with a total interior square footage at 47,912 sq. ft. The property sits on 2.564 acres in the highly sought after Craig Ranch master planned development in McKinney. The property was built as the new Formula Blue prototype and as such, minimal PIP is expected. The property features a suite shop, guest laundry facilities (equipment is owned), outdoor pool, fitness center, and business center. The hotel has great visibility from State Highway 121 (Sam Rayburn Tollway) and is less than 2 miles from the border of the booming Frisco market and directly across the highway from Allen. The property is in the heart of “the four corners” of Frisco, Plano, McKinney, and Allen. With corporate and leisure drivers at every exit, the property is in an ideal location to take advantage of the rapid growth in the market. Several large mixed-use developments have broken ground and/or are planned around the hotel including Hub 121 (mixed-use with a music amphitheater), the billion-dollar project The Strand by Hines (1.5-3 million SF of Class A office and corporate campuses), Gateway Allen, Colin County College Technical Campus, and the growing Craig Ranch corporate center. The headquarters for Independent Bank will relocate to Craig Ranch in a stunning new corporate office located just minutes from the property.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 18 $109.00 -
Guest Room 62 $100.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-8749-00A-002R-1
Land Assessment
$1,563,630
Improvements Assessment
$5,537,158
Total Assessment
$7,100,788
  • Listing ID: 14396476

  • Date on Market: 11/15/2018

  • Last Updated:

  • Address: 6601 Henneman Way, McKinney, TX 75070

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