- Upper Midscale Hospitality Asset: The Former La Quinta Inns & Suites DeSoto is a 75-room hospitality property situated on approximately 2.87 acres in DeSoto, Texas.
- Strategic Interstate Location: Positioned along Interstate 35E with convenient access to Interstate 20 and U.S. Highway 67, providing strong regional connectivity throughout DFW.
- Education-Driven Lodging Demand: Nearby higher education institutions include the University of North Texas at Dallas and Dallas College Cedar Valley Campus.
- Healthcare & Medical Demand Generators: Located near major healthcare facilities including Methodist Charlton Medical Center, Crescent Medical Center Lancaster, and Baylor Scott & White Medical Center.
- Major Industrial & Logistics Employment Hub: Positioned within the Southern Dallas County Inland Port, a 7,500-acre industrial and logistics corridor.
- Affordable Dallas–Fort Worth Submarket: The city offers relatively affordable housing compared to surrounding metro areas, making it attractive to families, professionals, and long-term investors.
- Ongoing Redevelopment Initiatives: Continued public and private investment, including the recently completed 75,000-square-foot aquatic recreation center and the Hampton Road Redevelopment Plan, supports DeSoto’s long-term economic expansion and community development.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Former La Quinta Inn & Suites DeSoto (“Hotel” or “Property”), an upper midscale hospitality property located at 641 N Interstate 35 E Rd in DeSoto, Texas. The Hotel is positioned along Interstate 35E, an important international trade route connecting DeSoto to the rest of the Dallas-Fort Worth Metroplex with a traffic count measuring over 136,000 vehicles per day. The Property is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Built in 2008 the Property is comprised of 75 rooms and is positioned on a 2.87-acre parcel. The Hotel features amenities designed to appeal to business and group travelers, including a business center, indoor pool and hot tub, exercise room, laundry facilities, and vending areas.
Ideally positioned 15 minutes south of the metropolitan area’s thriving urban core, the Property benefits from its proximity to multiple overnight lodging demand generators and strategic regional access supported by nearby Interstate 35E, Interstate 20, and U.S. Highway 67. The city’s economy is primarily supported by the education, healthcare, manufacturing, and logistics sectors, and these same economic anchors contribute to consistent year-round demand for lodgings. Nearby colleges and universities include the University of North Texas at Dallas (3.9 mi) and Dallas College Cedar Valley Campus (3.8 mi). The two colleges support a combined enrollment of approximately 9,000 students and serves as DeSoto’s primary driver of campus visitations and academic travel. Methodist Charlton Medical Center is an acute care teaching hospital with 300 beds and is located five miles from the Property. Along with Crescent Medical Center Lancaster (1.9 mi) and Baylor Scott & White Medical Center (15.1 mi), Methodist Charlton is the chief driver of healthcare related lodging demand in the area. Demand for lodging in DeSoto is also driven by the city’s sizeable presence of construction, trucking, distribution, and manufacturing employers. Notably, DeSoto is located within the Southern Dallas County inland port, a massive industrial hub encompassing 7,500 acres and 25 million square feet of warehouse and industrial infrastructure. National brands with major distribution centers and warehouse facilities operating in DeSoto include Amazon (4.1 mi) and Chewy (10.9 mi). The city’s desirable location within this region is another key contributor to year-round business travel and lodging demand.
DeSoto, Texas is a growing suburban community located in the southern portion of the Dallas–Fort Worth metroplex, best known for its established residential neighborhoods and premium regional access. Nearby major transportation corridors including Interstate 35E, Interstate 20, and Interstate 45. The city has experienced steady population growth and continues to attract residential and commercial development supported by available land, modern infrastructure, and a business-friendly environment. DeSoto offers residents access to a variety of parks, trails, sports facilities, and community programs, contributing to a high quality of life and sense of community. The area also benefits from access to major airports, higher education institutions, and the broader economic strength of the Dallas–Fort Worth market. Housing in DeSoto remains relatively affordable compared to many surrounding metro areas, making the city attractive to families, professionals, and investors seeking long-term growth potential. Ongoing public and private investment in infrastructure, mixed-use development, and economic initiatives continues to support the city’s expansion and future development prospects. Examples include the recent completion of a 75,000-square-foot aquatic recreation center and the ambitious Hampton Road Redevelopment Plan. Overall, DeSoto is strongly positioned for continued economic growth, business investment, and community development.