9391 Lenexa Dr, Lenexa, KS 66215

Reco Real Estate Advisors is pleased to present La Quinta Inn & Suites by Wyndham Kansas City Lenexa, a 106-room upper midscale hotel located at 9461 Lenexa Drive in Lenexa, Kansas. Situated within Johnson County's premier commercial corridor at the intersection of I-35 and I-435, the Property operates under the globally recognized La Quinta brand — one of Wyndham Hotels & Resorts' leading select-service flags — in a submarket of 82 properties and approximately 9,500 rooms where the Upscale & Upper Midscale segment commands a $131 ADR.

The Property benefits from an exceptionally diversified demand base led by Kiewit Power Constructors, which employs approximately 1,700 professionals at its Lenexa headquarters as part of a $17.1 billion parent organization. Additional demand anchors include the EPA Region 7 headquarters — a 169,585 SF LEED Platinum federal facility — a cluster of over 40 life sciences companies including Quest Diagnostics (2,180 employees) and Thermo Fisher Scientific, AdventHealth's expanding Lenexa campus (up to 98 licensed beds), Amazon and UPS logistics operations, and CommunityAmerica Credit Union's corporate headquarters (831 employees). Lenexa Drive carries approximately 107,912 vehicles annually, and Kansas City International Airport — which completed a $1.5 billion terminal redevelopment in 2023 — is approximately 41 minutes from the Property.

Originally constructed in 1978 with reinforced concrete construction and comprehensively renovated in 2003, the three-story interior-corridor hotel sits on 1.85 acres with 92 surface parking spaces (0.87 per room). Guest amenities include an outdoor pool, complimentary breakfast, fitness center, business center, private patios, and high-speed WiFi. The Property operates as a smoke-free facility consistent with current brand standards. With zero midscale or economy rooms under construction in the Lenexa & Overland Park submarket, the Property occupies a supply-protected position at a price point insulated from current pipeline activity.

The Lenexa & Overland Park submarket posts 12-month occupancy of 66.1% with ADR growing 3.6% year-over-year and RevPAR increasing 3.2%, while CoStar forecasts continued ADR growth to $124. All 486 rooms currently under construction are classified as Upscale or Upper Midscale — no new midscale or economy supply is entering the market.

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