Exceptional investment opportunity to purchase a premium-branded full-service hotel within Tysons Corner, the “Downtown” of Fairfax County and walkable to the Spring Hill Metrorail Station (Silver Line). The Sheraton Tysons Corner (the “Hotel” or “Property”) is highly visible from two of the most heavily trafficked thoroughfares in Northern Virginia, located off of the intersection of Route 7 (Leesburg Pike) and the Dulles Toll Road. The Sheraton Tysons Corner is also located fifteen minutes from the largest airport in the DC MSA, Dulles International Airport (IAD).
The Sheraton Tysons Corner, a 449-key, full-service hotel, offers the largest meeting space in Northern Virginia, with nearly 45,000 square feet of flexible space, including a 10,700 square-foot ballroom that accommodates up to 1,300 people. The Hotel offers a state-of-the-art 24-hour fitness center, indoor heated lap pool, business center, Sheraton Club Lounge and complimentary shuttle service for the surrounding area. The Hotel also provides several food and beverage options, including The Marketplace, providing breakfast, lunch and dinner, and Crossroads Bar & Grill, serving dinner, craft cocktails, beers and wine.
Northern Virginia is one of the most supply constrained markets in the nation. Just two properties are in planning in Tysons, the Residence Inn Falls Church, and the Capital One hotel, with the existing Residence Inn Tysons Corner leaving the system this year. It is also important to note that the Capital One hotel will likely be a training hotel adjacent to the new campus, and will have less impact on demand within the competitive set than a traditional branded new-build asset.
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