111-Room Hilton
New
For Sale
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5252 Memorial Dr, The Colony, TX 75056
Completed in 2020, the four-story property is near Grandscape and the State Highway 121 corridor.
Property SizeContact for details
Lot Size2.28 Acres
Days on Market2
Property Features for 5252 Memorial Dr
General Information
Standard status
Active
Lot size
2.28 Acres
Property subtype
Hotel-Motel
Additional Details
Highway Access
Yes
Amenities
111-Room Tru by Hilton | Midscale Hilton-Branded Asset Constructed in 2020
Modern Four-Story Hotel Situated on Approximately 2.28 Acres with 136 Parking Spaces
Recent Capital Improvements Include All-New Tankless Water Heaters, Dedicated Laundry Water Heaters, and a New Water Pump System
2020 Vintage and Recent Infrastructure Upgrades Help Limit Near-Term Capital Expenditure Requirements
Comprehensive Amenity Package Featuring Outdoor Pool, Fitness Center, Business Center, Lounge Area, Patio Space, and 750 SF of Meeting Space
Efficient Tru by Hilton Prototype Designed for Streamlined Staffing and Lean Select-Service Operations
Hilton Brand Affiliation Provides Access to Hilton Honors, a Loyalty Program of More Than 260 Million Members, Along with Hilton's Global Reservation, Distribution, and Revenue Management Platforms
Diversified Demand Base Spanning Corporate, Leisure, Youth Sports, Group, and Air Travel Segments Reduces Reliance on Any Single Demand Driver
Building Details
Year Built
2020
Buildings
1
Stories
4
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Chris Gomes · License #License(s): TX: 9006826, TX: 591152
(972) 755-5302
Source:
Marcusmillichap
Added: Oct 28
Last Checked: Oct 28 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
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Investment Insights
Based on property information with market context.
This four-story Hilton-branded hotel contains 111 rooms and was completed in 2020. The property occupies approximately 2.28 acres and has received mechanical upgrades. It is identified as Tru by Hilton The Colony Dallas.
The hotel is located at 5252 Memorial Drive in The Colony, Texas, approximately half a mile from Grandscape and along the State Highway 121 corridor. The Legacy business district in Plano and Frisco is approximately five miles east. Dallas Fort Worth International Airport is approximately 18 miles away, while Dallas Love Field is approximately 22 miles south. State Highway 121 connects with the Dallas North Tollway, Interstate 35E, and the President George Bush Turnpike.
Nearby leisure and sports destinations named for the area include The Colony Five Star Complex, Hawaiian Falls Waterpark, Topgolf The Colony, and Lewisville Lake.
The hotel is located at 5252 Memorial Drive in The Colony, Texas, approximately half a mile from Grandscape and along the State Highway 121 corridor. The Legacy business district in Plano and Frisco is approximately five miles east. Dallas Fort Worth International Airport is approximately 18 miles away, while Dallas Love Field is approximately 22 miles south. State Highway 121 connects with the Dallas North Tollway, Interstate 35E, and the President George Bush Turnpike.
Nearby leisure and sports destinations named for the area include The Colony Five Star Complex, Hawaiian Falls Waterpark, Topgolf The Colony, and Lewisville Lake.
Key Highlights
- 111‑room Tru by Hilton hotel
- Four stories; completed in 2020
- Approximately 2.28 acres
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
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Business Placement
Demographics for 75056, TX
67,570
Population
28,102
Households
2.4
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
23.6 sq mi
ZIP Area
2,863
Density / Sq Mi
$116,806
Median Household Income
$64,197
Median Earnings
$1,808
Median Rent
$414,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Completed in 2020, the four-story property is near Grandscape and the State Highway 121 corridor.
Where is this hotel located?
The property is located at 5252 Memorial Dr The Colony, TX.
What are key features of this property?
This property features: 111‑room Tru by Hilton hotel; Four stories; completed in 2020; Approximately 2.28 acres
