Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the Hampton Inn & Suites Legacy Park-Frisco, occupying a premier location in one of the nation’s fastest-growing corporate and entertainment hubs. The Hotel is proximate to one of the highest trafficked interchanges in North Texas and within walking distance of Comerica Center, Riders Field, and Stonebriar Centre. Frisco was recognized as the fastest growing city in the nation over the past decade, and the Hampton is within a three-mile radius of over 41 million square feet of office space, including major corporate campuses such as JCPenney (world HQ – 1.9M SF), Toyota (North American HQ - 2.1M SF), and JPMorgan (regional HQ - 1.4M SF).
Located in the thriving Frisco/Plano submarket, often called the “new central business district” of the Dallas metro, the area boasts over 50 million square feet of office space and rapid economic growth. Frisco’s “Sports City USA” designation includes transformative developments like the $520 million PGA of America project along with the $550 million Universal Kids Resort. The Hampton Inn represents a rare, fee simple investment opportunity in a high-demand market.
| Address: | |
| Year Opened | Major Renovation: |
2003 | 2018 ($3.5M+) |
| Keys: | 105 (Expandable to 129) |
| STORIES: | 6 |
| Construction Type: | Concrete |
| Site Area: | +/- 2.92 AC |
| Meeting Space: | 528 SF |
| Interest Conveyed: | Fee Simple |
| Management: | Unencumbered |
| Labor: | Non-Union |
INVESTMENT HIGHLIGHTS
PREMIER LOCATION IN BOOMING FRISCO
The Frisco/Plano submarket is one of the nation’s leading corporate hubs, and the Hampton Inn is located in the heart of it. The submarket contains over 50 million square feet of office space, including major campuses like Toyota’s North America HQ, Liberty Mutual, JPMorgan, FedEx Office’s world/corporate HQ, Dr. Pepper Keurig, Capital One, PepsiCo, and more. The area, anchored by the highly-trafficked intersection of the Dallas North Tollway and Sam Rayburn Tollway, has become the “new central business district” of the Dallas metro, home to dozens of Fortune 500 companies.
Frisco was recognized as the fastest growing city in the nation over the last decade, experiencing more than 71% population growth and averaging 37 new residents every day. Boasting a median household income in the top 1% nationally and more than double Texas’ statewide average, Frisco is one of the most affluent areas in the entire country.
Crowned “Sports City USA,” is home to numerous sports venues just minutes from the Hampton Inn, including Comerica Center (0.4 miles), Riders Field (0.7 miles), Ford Center (1.0 miles), Toyota Stadium (4.4 miles), FieldhouseUSA Frisco (4.7 miles), and the PGA of America Frisco Headquarters (11.2 miles), located within the PGA’s $520 million mixed-use development featuring two championship golf courses, establishing it as the new center of golf in America. These venues host the Dallas Cowboys, Dallas Stars, FC Dallas, NBA G-League Texas Legends, and the MiLB Double-A Frisco RoughRiders. Frisco RoughRiders (a Double-A affiliate minor league baseball team).
Dynamic Corporate, Leisure, and Entertainment Hub
The Hotel is surrounded by over 50 million square feet of office space in the Frisco/Plano area, including more than 41 million square feet within a three-mile radius. Its prime location offers a unique blend of accessibility to corporate, leisure, and sports demand drivers, being within walking distance of Comerica Center, Riders Field, and Stonebriar Centre.
Additionally, the Property is advantageously situated near exciting recently delivered and ongoing developments in the submarket, such as the highly anticipated Universal Kids Resort, currently under construction, further enhancing the area’s appeal.
Frisco - “Sports City USA”
Frisco has rightfully earned its title as Sports City USA, hosting a dynamic array of professional franchises, including the Dallas Cowboys, Dallas Stars, FC Dallas, the NBA G-League Texas Legends, and the MiLB Double-A Frisco RoughRiders. Beyond professional teams, Frisco attracts NCAA conferences and Olympic-level associations, hosting premier annual events and must-see tournaments.
Adding to its prestige, the PGA’s new $520 million mixed-use development, featuring the PGA of America headquarters and two championship golf courses, has positioned Frisco as the new epicenter of golf in America.
The Legacy Effect
Legacy West
Legacy West, a $3 billion, 255-acre mixed-use expansion of the 2,800-acre Legacy Business Park, is located at Highway 121 and the Dallas North Tollway. It houses major headquarters, including Toyota’s 2.1-million-square-foot North American headquarters with over 6,500 employees, as well as regional hubs for FedEx Office’s world/corporate HQ, Liberty Mutual, JPMorgan Chase, and Ryan, LLC.
Legacy Business Park
The 2,800-acre, 15 million-square-foot Legacy Business Park hosts major corporate campuses, including Capital One and Frito-Lay. A long-standing development hub, it has recently expanded with Toyota, Liberty Mutual, and JPMorgan Chase, adding over 30,000 employees to the area.
Proximate to the 2nd Busiest Airport in the U.S.
The Hampton Inn is approximately 20 minutes from Dallas/Fort Worth International Airport, the second busiest airport in the U.S. based on 2024 passenger traffic of 87.8 million. Consisting of seven runways, 27 airlines, and 260 destinations, the airport is within a 3.5-hour flight to any major destination in the continental U.S. In recent years, the airport has demonstrated tremendous growth, marked by a 7.4% increase in total passenger traffic in 2024 compared to 2023.
Additionally, DFW recently initiated the construction of the much-anticipated addition of Terminal F, a $1.63 billion expansion of the hub’s south end that will drive new domestic and international routes through the 15 new gates. American Airlines and DFW also plan to spend another $3.2 billion on other improvements, including renovations and expansion for new gates at Terminals A and C, along with other modernization projects around the airport.
DALLAS/FORT WORTH ECONOMY -
#1 IN JOB & POPULATION GROWTH
The Hotel is centrally located at the heart of the Dallas/Fort Worth Metroplex, which boasts one of the strongest and most insulated economies in the country. Consistently ranked as one of Forbes’ top business climates, Dallas/Fort Worth continues to attract corporate relocations and new residents (over 415 per day) at an unprecedented rate. In 2023, the Dallas/Fort Worth metro once again led the nation in job growth, adding 139,700 new jobs (outpacing 2nd place New York MSA’s 122,200), leading the U.S. by a wide margin.
EXCELLENT FUNDAMENTALS
2024 year-end RevPAR in the West Plano/Frisco submarket (upscale chain scale) rose by 3.1%.
Recognized by MarketWatch as the #2 Most Recession-Resistant City in the U.S. in 2023, Frisco benefits from a booming population, a diversified economy housing many blue-chip employers, and world-class sports facilities. These factors uniquely position the Hotel to maintain strong performance and capitalize on outsized growth opportunities.
INSTITUTIONALLY MAINTAINED ASSET
The Hotel has been institutionally maintained with significant capital infusions over its recent history. Previous ownership completed a $3.5M+ major renovation in 2018, and current ownership has invested another nearly $700,000 since March 2022 on items such as a new roof, water heater replacements, guest room AC units, and the addition of two new meeting spaces.
NOTABLE VALUE ENHANCEMENT OPPORTUNITY
The city has approved plans to add 24 additional guest rooms to the Hotel for a new total room count of 129. This value enhancement opportunity, already vetted, permitted, and approved, would be a large boost to the next owner and allow the Hotel to further capitalize on the incredible growth of the Frisco market.
Optimal Offering - Fee Simple, Non-Union, Unencumbered By Management
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
