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808 N Scottsdale RdTempe, AZ 85288
City Express Tempe
Asset ClassHotel & Hospitality
overview of deal

Overview

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 82-room City Express By Marriott Tempe (“Hotel” or “Property”), situated at 808 N Scottsdale Rd Tempe, AZ 85281.

 

The subject property benefits from a highly strategic location in North Tempe, positioned between several of the region’s most significant economic and tourism drivers. The hotel is located minutes from Arizona State University, providing access to year-round visitation generated by university events, academic conferences, student move-ins, and athletic competitions. The property also offers convenient access to Phoenix Sky Harbor International Airport, which continues to experience strong passenger growth and supports consistent lodging demand from airline crews, corporate travelers, and leisure visitors arriving in the Phoenix metropolitan area.

 

In addition to its proximity to ASU and Sky Harbor, the hotel is located near several major leisure and recreation destinations such as Papago Park, Tempe Town Lake, and the entertainment districts of Downtown Tempe and nearby Scottsdale. These attractions generate significant visitation throughout the year and position the area as one of the premier recreation corridors in the Phoenix metropolitan area.

 

The surrounding area is also supported by a diverse base of corporate employers and regional headquarters operations. Major companies, including State Farm, Carvana, Honeywell Aerospace, and Salt River Project, maintain significant employment centers within the Tempe market, generating consistent corporate lodging demand. With continued mixed-use development occurring throughout Tempe and the broader Phoenix region, the property is well-positioned to benefit from long-term economic growth and sustained travel demand.

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Investment Highlights

  • Premier Location Anchored by ASU and Sky Harbor Airport
  • Diverse and Durable Demand Base
  • Surrounded by Major Corporate Employment Centers
  • Positioned for Growth from Transformational Development
  • Proximity to Leading Leisure and Lifestyle Amenities
  • Offered Well Below Replacement Cost
  • Offered Unencumbered by Management
808 N Scottsdale RdTempe, AZ 85288

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