The 103-room La Quinta Sunrise Sawgrass Mills and 104-room Sunrise properties are located across the street from the other, both adjacent to I-75 and I-595, offering great accessibility to Fort Lauderdale – Hollywood International Airport and the west coast of Florida as well as east to Port Everglades and the beaches.
Less than two miles from the hotels is the Sawgrass Mills Mall, the third largest shopping mall in the Southeastern U.S. with approximately 2.4 million square feet of retail.
In addition, FLA Live Arena, the home of the NHL’s Florida Panthers, is also located less than three miles from the Property and draws a significant amount of room nights to the properties. The major arena attracts over two million visitors a year to major sporting events and concerts.
Furthermore, there is approximately 4.6 million sq. ft. of office space in the submarket that drives business to the hotels with American Express’s major headquarters just a half mile from the properties.
- Hotels located less than 2 miles from the Sawgrass Mills Mall and 3 miles from the FLA Live Arena, home of the NHL’s Florida Panthers
- Strong In-Place Cash Flow as Combined Properties’ TTM 2023 Revenue is up 20% over 2019, and continues to show strong monthly YOY increases
- Offered significantly below replacement cost for this highly sought-after South Florida lodging market
- Favorable Long-term Wyndham franchise to be assumed by Buyer through 2038 with no immediate PIP requirements
- 1.5 miles from Sawgrass Technology Park, over 518,000 sq. ft. of office space
- Less than 14 miles from Fort Lauderdale-Hollywood International Airport, the 18th largest airport in the United States with 32 million passengers in 2022
- Located in a strong lodging submarket, West Broward/Plantation, that surpassed 2019 RevPAR performance by 43% as of June 2023
- Hotels will continue to benefit from extremely constrained new hotel supply to the City of Sunrise due to its strict development restrictions
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