The Courtyard by Marriott Dallas Grand Prairie is an upscale, four story, 2021 built, 120-room hotel with an on-site restaurant & bar. The Property maintains various common area amenities such as an outdoor pool, fitness center, business center, convenience store, guest laundry facility, and 2,070 square feet of meeting space. Positioned in Grand Prairie, which sits conveniently between Dallas and Fort Worth, the Hotel’s strategic location along President George Bush Turnpike near the heavily trafficked intersection of Interstate 20 and Highway 161 provides convenient access to businesses and amusements from both major Texas cities.
Prime Location with Easy Access to Market Demand Generators: Positioned in Grand Prairie, which sits conveniently between Dallas and Fort Worth, the Hotel’s strategic location along President George Bush Turnpike near the heavily trafficked intersection of Interstate 20 and Highway 161 provides convenient access to businesses and amusements from both major Texas cities. Prominent nearby businesses include Grand Prairie Armed Forces Reserve Complex (4.9 mi), Lockheed Martin (6.9 mi), Poly-America Inc (2.0 mi), Bell Helicopter-Textron (6.4 mi), Lear Seating (8.1 mi), Forterra Pipe & Precast (8.1 mi), and Flex-N-Gate (3.3 mi). Additionally, major DFW attractions such as Epic Waters Indoor Waterpark (0.7 mi), Main
Event (0.8 mi), Lone Star Park (6.6 mi), Six Flags Over Texas (6.4), Grand Prairie Premium Outlets (4.0 mi), IKEA (1.5 mi), Trader’s Village (2.5 mi), and Ripley’s Believe It or Not (7.1 mi) supply the Hotel with leisure demand year-round.
Positioned within Strong Dallas-Fort Worth Economy: The Dallas/Fort Worth Metroplex, which boasts one of the strongest and most insulated economies in the country, consistently ranked as Forbes’ top ranked business climate. Dallas/Fort Worth continues to attract corporate relocations and new residents (over 300 per day) at an unprecedented rate. In 2019, the Dallas/Fort Worth metro once again led the nation in job growth, adding 127,600 new jobs (outpacing 2nd place New York MSA’s 97,300), leading the U.S. by a wide margin. Furthermore,
the Hotel is minutes away from Arlington, Irving, Dallas CBD, and Fort Worth CBD, which house Fortune 500 companies such as ExxonMobil, McKesson, AT&T, American Airlines, Southwest Airlines, Toyota, State Farm, JPMorgan Chase, Charles Schwab, and many more.
Strategic Airport Location: The Property is well-positioned less than 12 miles from Dallas-Fort Worth International Airport (DFW Airport). The second-busiest airport by passenger traffic in the world, DFW Airport helped facilitate over 73.3 million passengers to the metroplex in 2023. With an ideal location off State Highway 161, the Hotel benefits significantly from the
swift access to the airport.
Premier Marriott Hotels & Resorts Brand: The Hotel maintains brand affiliation with Marriott International, the global category leader that remains simple to build and simple to operate. Marriott’s International Brand Affiliation provides the world’s largest travel loyalty program, Marriott Bonvoy. Marriott’s global platform has over 160 million users and helps drive top-line
revenue and bottom-line cost savings.
Growing Submarket RevPAR: As of January, the twelve-month average RevPAR in the Irving South/Grand Prairie hotel submarket was climbing at an annual rate of 4 percent.
Unencumbered by Debt & Management: The Property is being offered unencumbered by debt and management agreements. The asset is currently institutionally owned and managed.