Noah’s Dublin, OH

Property Details

  • Tenant

    Noah's
  • Year Built

    2017
  • Total Sq. Ft.

    8,000
  • Property Type

    Single-tenant, Freestanding
  • Lease Type

    Absolute Triple Net (NNN)
  • Lease Term

    20-year initial term

Property Profile

Noah Corporation develops and operates innovative event and conference center space for business, corporate and community events as well as weddings, anniversaries, birthday parties and social gatherings. Noah’s provides their customers with high tech, upscale, impeccably clean, well-managed, flexible, four-star space that is the very best in their class. Learn more by visiting www.noahseventvenue.com.

Dublin, OH

The affluent community of Dublin is located in the heart of the Columbus, Ohio Metro Area, one of the fastest growing regions in America. Home to over two million residents, the area serves as the state capitol as well as its commercial and cultural center. Driven by both the public and private sectors and a robust ecosystem of entrepreneurs, the local economy is thriving. The state government, including Ohio State University, accounts for more than 80,000 jobs in the area. It is also headquarters for a host of financial services, insurance, retail and manufacturing companies including Key Bank, Nationwide Insurance, Honda and Wendy’s. Because of its affordable cost of living, strong job market and excellent educational system, including more than 50 colleges, universities and institutions of higher learning, it
was recently named by Forbes as one of the “Best Places for Business and Careers.” Fox Business News also recognized Dublin as the best small city in America to start a business.

Purchase Price: $5,930,000

Annual Rent

July 2018
415,100
7.00%
July 2019
423,402
7.14%
July 2020
431,870
7.28%
July 2021
440,507
7.43%
July 2022
449,318
7.58%
July 2023
458,304
7.73%
July 2024
467,470
7.88%
July 2025
476,819
8.04%
July 2026
486,356
8.20%
July 2027
496,083
8.37%