Approved Four-Story ±124 Room Marriott Res Studio
Land | 2.2 acres
Marketing description
Joseph W. Brady In±2.36-acre development opportunity in Hesperia, CA., dba The Bradco Companies, as exclusive broker, is pleased to present a premier. The City of Hesperia has formally approved the construction of a ±55,956 SF, four-story, 124-room Marriott Res Studio hotel on ±2.36 acres. The property is strategically positioned just south of the I-15 & Main Street interchange along Mariposa Road, which fronts I-15 with average daily traffic counts of approximately ±134,000 vehicles, and benefits from pole sign exposure on both sides for maximum brand visibility. Adjacent to Texas Roadhouse—the largest in the chain—the site enjoys strong built-in traffic generators and synergy with surrounding retail and hospitality uses. Offering maximum flexibility, the property can be leased, sold, or divided into two separate pads, allowing for a combination of hotel and drive-thru/retail development.
Investment highlights
•All off-site work has been completed and signed off by the city.
•Street lighting agreement along Mariposa Rd. is in place between SCE and TEAS Vii.
•Curb, gutter, sidewalks, ramps, drive approaches and landscaping along Mariposa have been installed and is being maintained by Texas Roadhouse(TXRH)
•All parking lot lighting for Texas Roadhouse has been installed and tied to TXRH billing.
•Landscape maintenance, irrigation and parking lighting cost will be part of CAM allocation to future Tenants.
•Current parking developed has 210 stalls, with 10 added motorcycle stalls. Required parking for TXRH was 10 per 1000 at 8,531 Sq. Ft. or 85 stalls.
•The hotel will not be able to self-park and would likely require 110 stalls for 100 rooms. A reciprocal parking agreement would be in place as part of the CC&R's. This would allow them to share in the overage on the TXRH parcel.
•Drive-thru parcel may be able to self-park.
•Storm drainage system was installed for the entire development during the TXRH build-out on parcel 1 and 2. Storm sewer stub outs are in place per the utilities plan.
•Domestic water and fire water taps were made at the street and stubbed onto the property in the right of way/landscape area.
•Telephone and cable service are available at the NE corner of parcel 2 on the Marriott Hotel property in the right of way.
•Electrical vault is located in the NE corner of parcel 2 on the Marriott property. Per conversation with SCE, they felt the best way to service the Hotel and Drive-thru uses would be by extending service to new transformers from this vault.
•Natural gas runs along the south of the property parallel to the city sewer main. Southwest Gas would extend services to each tenant as required.
•Sanitary Sewer runs along the south of the property and would need to be extended by future tenants to their pads
•An easement will need to be created running along the eastern side of the property heading north to the drive-thru parcel for gas and sewer as it would pass through the hotel property
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