La Quinta Inns & Suites by Wyndham - 106 Keys | Johnson County, Kansas

We are pleased to present an exclusive investment opportunity: the La Quinta Inn & Suites by Wyndham Kansas City Lenexa, a 106-room upper midscale franchised hotel located in Lenexa, Kansas — one of the Kansas City metro's most economically resilient and fastest-growing suburban markets.

This is a stabilized, income-producing asset operating under one of Wyndham's most recognized flags, with immediate access to a deep and diversified corporate demand base that drives consistent year-round occupancy.

Key Highlights:

• 106-room La Quinta by Wyndham in Lenexa, Kansas — Johnson County's premier corporate and government demand corridor
• Submarket running 66% occupancy | $120 ADR | $79 RevPAR — ADR up 3.5% year-over-year
• Upper Midscale segment recording $130 ADR on trailing 12 months — strong rate integrity at the property's competitive tier
• U.S. EPA Region 7 Federal Headquarters in Lenexa — permanent government demand anchor
• 40+ life sciences companies in immediate submarket — high-ADR, extended-stay corporate demand year-round
• Kiewit Power Constructors HQ — approximately 1,700 local employees generating continuous weekday occupancy
• Over $2.26 billion in development investment into Lenexa between 2020 and 2024 — one of the fastest growing cities in Kansas
• Value-add upside through revenue management optimization in a submarket where ADR continues to climb annually

Demand Drivers & Corporate Base:

• Kiewit Power Constructors — Lenexa HQ, ~1,700 local employees
• U.S. EPA Region 7 Federal Headquarters — Lenexa, 169,585 SF permanent government facility
• 40+ Life Sciences companies including Thermo Fisher Scientific, Quest Diagnostics, Eurofins Viracor, and MilliporeSigma
• FDA Kansas City Laboratory — federal testing facility in Lenexa
• Collins Aerospace, Amazon, UPS — manufacturing and logistics demand
• AdventHealth Lenexa — expanding healthcare campus
• CommunityAmerica Credit Union HQ and growing financial services cluster

The Lenexa & Overland Park hospitality submarket continues to demonstrate sustained performance strength within the greater Kansas City metro. The submarket's 12-month occupancy stands at 66.0%, with an ADR of $120 and RevPAR of $79 — metrics that significantly outperform broader regional and national economy benchmarks.

Year-over-year, ADR has grown 3.5% and RevPAR has increased 3.1%, reflecting the submarket's continued ability to push rate in a stable demand environment. The Upper Midscale segment — where La Quinta competes directly — is recording 65.4% occupancy and $130 ADR on a trailing 12-month basis, demonstrating strong rate integrity at the Property's competitive tier.

Johnson County's concentration of Fortune 500 corporate offices, federal government facilities, a premier life sciences cluster, and major logistics operations creates a diversified, recession-resistant demand base that supports consistent performance regardless of broader economic conditions.