Embassy Suites by Hilton Phoenix Tempe
Deal Type: Acquisition
Risk Profiles: Core
Property Types: Hotel & Hospitality
Location Highlights
Centrally located on US-60 (200,000+ VPD) and Rural Rd (42,000+ VPD), Tempe is known for hosting Arizona State University’s main campus with over 80,000 students. ASU, the city’s largest employer, also features Sun Devil sports and spring training facilities for the Los Angeles Angels and Chicago Cubs. Tempe is a thriving business hub, home to major companies such as State Farm, Salt River Project, JP Morgan, Northern Trust, Amazon, and GoDaddy. This location provides immediate access to all major freeways for destinations like Phoenix Sky Harbor International Airport, Old Town Scottsdale, and Downtown Phoenix.
Investment Summary
Cushman & Wakefield has been exclusively retained to offer for sale the fee-simple interest in the property comprising the 224-room Embassy Suites Phoenix Tempe (the “Hotel” or “Property”), which underwent a renovation in 2019.
Conveniently situated at the crossroads of US-60 & Rural Rd, the hotel is in proximity to Arizona State University, Tempe Diablo Stadium, Banner Desert Medical Center, and Mesa Community College. Nearby corporate hubs include Discovery Business Campus, ASU Research Park, and the tech corridor along Loop 101 from Tempe Town Lake. The central property location allows for a 5–10-minute drive to major cities within the Phoenix metro and the Phoenix Sky Harbor International Airport.
CONTACT US
Western Hospitality Advisory Group
Bill Murney
Executive Managing Director
(602) 499-5535 (c)
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