

The Offering
Berkadia Hotels & Hospitality has been exclusively retained to offer for sale the leasehold interest in the 253-key Sheraton Suites Market Center Dallas (the “Hotel,” “Asset,” “Property,” “Sheraton”, “Sheraton Suites”). The Sheraton Suites is an all-suite, full-service hotel ideally located in Dallas’ Design District near the Dallas Market Center, Dallas Love Field Airport, DFW Airport, and Downtown Dallas. The Hotel offers a compelling combination of strong in-place performance, meaningful upside, and an attractive basis below replacement cost.
The Property features spacious suite-style guestrooms, on-site dining, 3,650 square feet of meeting space, and has benefited from $13.3 million ($53K/key) of capital investment since 2017. Offered unencumbered of management and with non-union labor, the Hotel provides a new owner with immediate operational flexibility and the ability to enhance cash flow. While the Property is subject to a long-term ground lease, the current ground rent has a minimal impact on financials/bottom-line performance.
For the TTM April 2026 period, the Hotel generated strong top-line performance and benefits from in-place cash-flow. The Hotel ranks first in its competitive set in RevPAR but only fourth in ADR, highlighting a clear opportunity to drive rate growth through a Change-of-Ownership PIP and improved revenue management (currently operated by Aimbridge).
The opportunity is further supported by the strength of the Dallas-Fort Worth Metroplex, one of the nation’s fastest-growing MSAs, and by the Hotel’s position near major corporate demand, the Dallas Market Center, and key entertainment and transportation hubs. Sheraton Suites Market Center Dallas offers investors a rare opportunity to acquire a well located, cash-flowing hotel with significant upside in both revenue and profitability.
Investment Highlights
1
253-key, all-suite, full-service hotel with significant 2017 renovations offered at a compelling basis far below replacement cost
2
Non-Union, and Unencumbered of Management with a Minimally Impactful Long-Term Ground Lease
3
Rapidly Growing MSA on an Outstanding Economic Growth Trajectory
4
Strong In-Place Top-Line Performance with Attainable Growth Potential
5
Cash-Flowing Hotel with Immediate Operational Efficiency Upside
6
Highly Coveted Dallas Market Center Location Centered Among the Submarket’s Top Demand Drivers and Retail Amenities
7
Dynamic location along Stemmons Freeway (I-35E) with immediate access to two of the region’s most frequented transportation hubs – Dallas Love Field and Dallas-Fort Worth airports
8
Poised to Significantly Capitalize on the Fully Reopened Convention Center Following Its $3.7 Billion Renovation/Expansion

Leasehold
Tenure
(88 Years Remaining, Escalates 2% Annually Through 2066)
Suites
253
FLA Expiration
September 2035
Food & Beverage
The Arbor Kitchen, Convenience Store
Parking
On-site Surface Parking (225 Spaces – $30/day)
Management
Unencumbered (Currently Aimbridge)
Built/Renovated
1990/2017
Building Area
178,331 SF
Additional Shared Amenities
Indoor/Outdoor Pool With Whirlpool, Fitness Center, Business Center, Outdoor Patio, Billiards Table, Complimentary Wi-Fi, Digital Key
Labor
Non-Union
Stories
12
Land Area
5.35 Acres
Meeting Space
3,650 SF (6 Event Rooms – 150-Person Max Capacity)
The Location
Gallery
Contact
INVESTMENT SALES
Kyle Stevenson
Senior Managing Director
786.646.2591
[email protected]
FL License #BBK3472655
Dan Hawkins
Managing Director
240.204.5139
[email protected]
DC License #SP200201313
Jake Pietras
Associate Director
410.940.9497
[email protected]
MD License #5003787
Larissa Isenberg
Associate Director
602.997.3817
[email protected]
TX License #848396SA
Justin Storer
Senior Real Estate Analyst
774.275.7833
[email protected]
DC License #SP40003037
Gregory Smith
TX Broker of Record
License #403280
Financing
Mauricio Rodriguez
Managing Director
240.204.5133
[email protected]
Katelyn Reynolds
Associate Director
213.399.3390
[email protected]


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