79-Room Suburban Studios
5840 Westpark Drive, Charlotte, NC 28217
For Sale
New
Contact for pricing
The three-story hotel features interior corridors and a 20-year franchise agreement signed in 2024.
Property SizeContact for details
Lot Size3.18 Acres
Days on Market5
Property Features for 5840 Westpark Drive
General Information
Standard status
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Year Built
Buildings
Stories
Listing Agency:
Colliers - Richmond, Virginia
Listed By:
Prashant Merchant · License #VA 0225226862
(804) 441-7722
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:08PM
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 Colliers - Richmond, Virginia
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Investment Insights
Based on property information with market context.
Suburban Studios Charlotte - Executive Park is a 79-room, three-story hotel with interior corridors. Built in 1997, the property sits on approximately 3.18 acres. Its franchise agreement was signed in 2024 and has a 20-year term; the hotel has undergone a brand conversion and physical upgrades.
The property has direct access and visibility to Interstate 77, which carries approximately 62,000 vehicles per day. It is located at 5840 Westpark Drive in Charlotte, North Carolina.
The property has direct access and visibility to Interstate 77, which carries approximately 62,000 vehicles per day. It is located at 5840 Westpark Drive in Charlotte, North Carolina.
Key Highlights
- 79‑room hotel with three stories and interior corridors
- Approximately 3.18 acres
- Direct access and visibility to I‑77, with approximately 62,000 vehicles per day
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
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Business Placement
Demographics for 28217, NC
28,955
Population
13,615
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
14.9 sq mi
ZIP Area
1,943
Density / Sq Mi
$60,397
Median Household Income
$37,338
Median Earnings
$1,498
Median Rent
$238,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - The three-story hotel features interior corridors and a 20-year franchise agreement signed in 2024.
Where is this hotel located?
The property is located at 5840 Westpark Drive Charlotte, NC.
What are key features of this property?
This property features: 79‑room hotel with three stories and interior corridors; Approximately 3.18 acres; Direct access and visibility to I‑77, with approximately 62,000 vehicles per day
