PROPERTY SUMMARY

• La Quinta Inn & Suites by Wyndham Kansas City Lenexa is a 106-room, three-story upper midscale hotel located at 9461 Lenexa Drive, Lenexa, Kansas 66215, within Johnson County's premier commercial corridor
• The Property was originally constructed in 1978 and underwent a comprehensive renovation in 2003, with reinforced concrete construction throughout — providing structural durability and long-term capital efficiency that wood-frame competitors cannot match
• Situated on 1.85 acres, the Property operates as a Wyndham franchised asset under the La Quinta Inns & Suites flag — a globally recognized upper midscale brand with immediate consumer trust, broad OTA visibility, and access to Wyndham Rewards' 100 million+ member loyalty program
• Guest amenities include an outdoor pool, business center, private patios, high-speed internet, and public WiFi — a well-rounded amenity set that serves both the corporate weekday traveler and the leisure weekend guest
• 92 surface parking spaces provide ample, convenient parking at a ratio of 0.87 spaces per room — well-suited to the Property's corporate and road warrior demand base
• The Property operates as a smoke-free facility, consistent with current brand standards and the preferences of today's business traveler

DEMAND DRIVERS & MARKET CONTEXT

• Kiewit Power Constructors — Lenexa Headquarters — Kiewit's power-focused division is headquartered in Lenexa, employing approximately 1,700 professionals locally as part of a parent organization with $17.1 billion in annual revenues and over 31,000 employees globally. As one of the top-ranked power contractors in Engineering News-Record's annual rankings, Kiewit's Lenexa campus generates continuous corporate transient demand from engineering professionals, project managers, executives, and clients visiting from across the country and internationally
• U.S. Environmental Protection Agency — Region 7 Headquarters — The EPA's Region 7 headquarters is located at 11201 Renner Boulevard in Lenexa — a 169,585 SF LEED Platinum-certified federal facility housing the agency's regional operations covering Iowa, Kansas, Missouri, Nebraska, and nine Tribal Nations. As a permanent, mission-critical federal installation with hundreds of government employees and a continuous stream of regulatory, compliance, and interagency visitors, the EPA campus is an exceptionally stable, government-backed demand anchor for hotels in the immediate submarket
• Life Sciences & Bioscience Cluster — 40+ Companies in Lenexa — Lenexa has emerged as one of the Kansas City metro's premier life sciences hubs, hosting a dense concentration of over 40 human and animal health companies including Thermo Fisher Scientific, Quest Diagnostics, Eurofins Viracor, MilliporeSigma, Ceva Animal Health, Clinical Reference Laboratory, and ICON. This cluster generates consistent year-round corporate transient demand from scientists, clinical professionals, pharmaceutical executives, and research partners — a demand segment characterized by high ADR tolerance and extended-stay patterns
• FDA Kansas City Laboratory — Lenexa — The U.S. Food and Drug Administration operates its Kansas City Laboratory in Lenexa, a federal testing facility responsible for chemical and biological analyses of food, feed, and dietary supplements. As a permanent federal presence, this facility contributes government-employee and regulatory visitor demand to the submarket on an ongoing basis
• Collins Aerospace & Advanced Manufacturing Sector — Collins Aerospace maintains operations in Lenexa, representing the city's significant aerospace and defense manufacturing presence. Alongside manufacturers including Grundfos Pump, Kocher + Beck USA, and Gear for Sports, this sector drives steady weekday corporate occupancy from engineers, procurement professionals, and executive visitors
• AdventHealth Lenexa — Expanding Healthcare Campus — AdventHealth is expanding its Lenexa campus to include up to 98 licensed beds as part of the broader AdventHealth network of 3,300+ employees across Johnson County. Healthcare-related hotel demand — from medical professionals, patients, and visiting families — is among the most recession-resistant and rate-inelastic segments in the hospitality industry, providing a durable base of occupancy throughout the calendar year
• Amazon, UPS & Regional Logistics Infrastructure — Lenexa's position at the intersection of I-35 and I-435 has made it a preferred location for major logistics and distribution operations including Amazon and UPS. The logistics sector drives consistent demand from operations managers, supply chain executives, and regional distribution professionals who require reliable, quality accommodations within close proximity to their facilities
• CommunityAmerica Credit Union — Lenexa Headquarters — One of the largest credit unions in the Kansas City region is headquartered in Lenexa, contributing to the city's growing financial services concentration alongside GEICO, Bread Financial, Basys, and Deluxe Corporation — collectively generating corporate meeting and transient travel demand throughout the year
• Lenexa City Center — Ongoing Urban Core Development — Lenexa is actively developing its City Center — a walkable, mixed-use urban district designed to concentrate retail, dining, office, and residential uses in a compact, amenity-rich environment. This long-term placemaking investment further strengthens Lenexa's attractiveness as a corporate destination and increases the submarket's ability to attract and retain business travelers seeking a high-quality environment