Dallas Hotel Near Transportation
For Sale
Contact for pricing
Pending
8703 E R L Thornton Fwy, Dallas, TX 75228
Strategically located hotel with easy access to Dallas attractions.
Property Size59,535 SF
Days on Market169
Property Features for 8703 E R L Thornton Fwy
General Information
Standard status
Pending
Size
59,535 SF
Property subtype
Hospitality
Occupancy
73%
Building Details
Year Built
2008
Year Renovated
2020
Buildings
1
Stories
4
Listing Agency:
Hotel Brokers Of America
Listed By:
Corina Palekar · License #CA 01905002
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Jul 19 at 8:04AM
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 Hotel Brokers Of America
Investment Insights
Based on property information with market context.
The Holiday Inn Express is located within the Dallas metro area, offering convenient access to Downtown Dallas and major transportation corridors. Its location near primary interstate highways facilitates connectivity for corporate and transient travelers. The hotel's central positioning allows guests to reach employment centers, business districts, entertainment venues, and regional attractions. Easy freeway access provides visibility and drive-to traffic. Dallas-Fort Worth is a fast-growing metro area in the United States, supported by population migration, corporate relocations, infrastructure investment, and major international events. The region ranks among the top U.S. hotel markets for occupancy, RevPAR growth, and new business formation. The upcoming 2026 FIFA World Cup matches in the Dallas market are expected to elevate international exposure, increase compression nights, and drive ADR growth across the lodging spectrum. The property size is 59535 square feet.
Key Highlights
- Strategic location within the Dallas metro area with convenient access to Downtown Dallas and major transportation corridors.
- Proximity to primary interstate highways provides efficient connectivity for corporate and transient travelers.
- Dallas‑Fort Worth is one of the fastest‑growing metro areas in the United States, supporting sustained lodging demand.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$407,219
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,144,380
$8.1M
Cap Rate 7%
$5,817,414
$5.8M
Cap Rate 9%
$4,524,656
$4.5M
Market Conditions
NOI Build-Up for 59,535 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.07M $18.00/SF
− Vacancy
−$214.3K −$3.60/SF
EGI
$857.3K $14.40/SF
− OpEx
−$450.1K −$7.56/SF
NOI
$407.2K $6.84/SF
Area
ZIP 75228
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,144,380
Cap Rate 7%
$5,817,414
Cap Rate 9%
$4,524,656
Alternative Uses
Best Use
Hotel Hospitality
$5.82M
$5.09M – $6.79M
NOI $407,219 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$65.16M
$57.02M – $76.03M
NOI $4,561,520 @ 7.0% cap · market cap 47.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Strategically located hotel with easy access to Dallas attractions.
Where is this hotel located?
The property is located at 8703 E R L Thornton Fwy Dallas, TX.
What is the asking price?
The asking price for this property is $9,600,000.
What are key features of this property?
This property features: Strategic location within the Dallas metro area with convenient access to Downtown Dallas and major transportation corridors.; Proximity to primary interstate highways provides efficient connectivity for corporate and transient travelers.; Dallas‑Fort Worth is one of the fastest‑growing metro areas in the United States, supporting sustained lodging demand.
