1333 S RURAL RD, TEMPE, AZ 85281-6807

Cushman & Wakefield has been exclusively retained to offer for sale the leasehold interest in the 186-key MOXY Phoenix Tempe ASU Area (the “Hotel” or “Property”). Ideally positioned on the corner of Apache Blvd and Rural Road in Tempe AZ in the heart of Tempe. The Property benefits from exceptional proximity to Arizona State University—one of the largest and fastest-growing universities in the nation—minutes from Phoenix Sky Harbor International Airport and the region’s most prominent corporate, leisure, and entertainment demand drivers.

The Hotel welcomes guests to the centrally located Tempe submarket. The Property’s proximity to major employers, numerous attractions, and Arizona State University makes the hotels location A++++ in Tempe AZ. The Hotel’s walkability scores are strong, with numerous restaurants and bars within walking distance, as well as the ASU campus and Tempe Town Lake for events. The Property is located near major corporate campuses including State Farm, Amazon, and Microsoft, supporting consistent corporate transient and group demand.

The opportunity is to enhance performance through brand change including targeted capital improvements and COO PIP that will have a strong ROI. Also, improved revenue management, and operational efficiencies aimed at increasing ADR, occupancy, and overall RevPAR penetration are significant levers a new owner will have to increase value.