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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 | No. Rooms | 80 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2017 |
| Lot Size | 2.56 AC | Parking Ratio | 2.08/1,000 SF |
| Building Size | 47,612 SF | Corridor | Interior |
| Zoning | C - General commercial use | ||
| 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 | - |
LINKS
PROPERTY TAXES
| Parcel Number | R-8749-00A-002R-1 | Improvements Assessment | $5,537,158 |
| Land Assessment | $1,563,630 | Total Assessment | $7,100,788 |
PROPERTY TAXES
Listing ID: 14396476
Date on Market: 11/15/2018
Last Updated:
Address: 6601 Henneman Way, McKinney, TX 75070
The Allen/McKinney Hospitality Property at 6601 Henneman Way, McKinney, TX 75070 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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