Listing Agents
Lora Simpson
T | 515.729.4516
[email protected]
Chuck Klinkhammer
T | 701.298.2929
[email protected]
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and operated 175-room Embassy Suites Minneapolis North
- The all-suite property is offered at a substantial discount to replacement cost, with the ability to relicense the hotel through a long-term agreement with Hilton
- A qualified buyer can maintain the Embassy Suites brand by completing a PIP or consider converting the property to Hilton Garden Inn or Doubletree
- Available unencumbered by management, offering significant upside for prospective buyers with local/regional operational expertise
LOCATION SUMMARY
- Adjacent to the Heritage Center of Brooklyn Center, a 40,000-square-foot premier conference and event center catering to numerous wedding and corporate events
- Proximate to and directly visible from the intersection of Interstate 694, Interstate 94, and Highway 100, with over 245,000 vehicles passing through the location daily
- Located minutes from top area attractions, including US Bank Stadium, Target Field, Target Center, and the Minneapolis Convention Center
- Broader regional attractions include the Xcel Energy Center, the University of Minnesota, the Minnesota State Capitol, and the Mall of America, which is proposing the addition of a $250 million water park expansion
- Convenient to several Fortune 500 Companies, including United Health Group, Target, Best Buy, U.S. Bank Corp, Land O’ Lakes, Inc., and General Mills, among others
- Accessible to Minneapolis-St. Paul International Airport (MSP), which served nearly 35 million passengers in 2023 and was named the No. 1 U.S. airport in the 2024 Travel + Leisure World’s Best Awards
- MSP has seen a surge in travel demand in recent years, leading to a $263 million expansion of Terminal 2 North, which will add two airline gates and increase space to meet ongoing passenger needs