Investment Overview

Marcus & Millichap is pleased to present an exclusive investment opportunity for the Hampton Inn Columbus/Dublin. The five-story, 123-room, Hilton Worldwide-branded property is located in the vibrant Columbus metropolitan area. This select-service hotel features key amenities such as an outdoor pool, a state-of-the-art fitness center, and versatile meeting rooms, catering to both business and leisure travelers. Ideally positioned in Dublin, Ohio, a dynamic suburban hub with excellent accessibility via major highways, including I-270, U.S. Route 33, and I-71 nearby, the property benefits from its proximity to key demand generators and a thriving local economy. The Dublin/I-270 West submarket in Columbus, Ohio, recorded a 6.8% annual increase in Revenue Per Available Room (RevPAR) for upper midscale hotels. This positions the hotel within a high-performing submarket, offering a solid foundation for substantial topline revenue growth and attractive investment potential. Dublin is a well-established suburban community with a high standard of living and a relatively affluent population, with a median household income of around $120,000, well above the national average, located within the Columbus Metropolitan Statistical Area (MSA), one of the fastest-growing metro areas in the Midwest with a population exceeding 2.1 million. A s part of the Columbus MSA, Dublin offers easy access to major metropolitan areas such as Cleveland, Cincinnati, Indianapolis, and Pittsburgh, all within a three-hour drive. Dublin is exceptionally well-connected to the region via a strong network of highways. U.S. Route 33 runs directly through Dublin, providing seamless access to Columbus and other regional markets. Interstate 270, which forms Columbus’s outer belt, encircles the city and links Dublin to major highways such as Interstate 70 and Interstate 71. Additionally, Dublin is less than 20 miles from John Glenn Columbus International Airport, offering convenient air travel for business and leisure visitors alike. This connectivity positions Dublin as a prime destination for both transient and extended-stay guests. Dublin, Ohio, boasts a strong economy supported by a diverse mix of industries, including corporate headquarters, healthcare, and education. Major employers include Dublin City Schools (2,238 employees), Cardinal Health (1.5 miles - 1,921 employees), Quantum Health (3.8 miles - 1,900 employees), and OhioHealth’s Dublin Methodist Hospital (4.7 miles - 1,592 employees). These organizations generate steady lodging demand from business travelers, families, and medical professionals. The city is also home to The Wendy’s Company (1.1 miles), Stanley Steemer International (4.3 miles), IGS Energy (4.0 miles), and OCLC (2.8 miles), further enhancing its economic diversity. Dublin’s business-friendly environment attracts technology firms, startups, and professional services companies, contributing to consistent demand for hotels to support corporate events and conferences, solidifying its position as a dynamic hub for business and hospitality. Dublin benefits from its proximity to The Ohio State University (9.5 miles), one ofthe largest universities in the nation with over 60,000 students, faculty, and visitors, generating steady hotel demand during events like football games, graduations, and conferences. Additionally, Dublin is home to the Ohio University Heritage College of Osteopathic Medicine, which began in 2014 and serves as a hub for healthcare education and innovation. The 86,000-square-foot Integrated Education Center, opened in 2015 by Ohio University’s College of Health Sciences and Professions, hosts various programs and academic partnerships with institutions like Columbus State Community College. These facilities attract students, educators, and professionals, further bolstering Dublin’s role as a regional leader in higher education and driving consistent demand for accommodations. Dublin is home to OhioHealth Dublin Methodist Hospital (4.7 miles), which provides high-quality medical services to the local community and beyond. The hospital and its affiliated medical administration network generate consistent lodging demand from patients, families, and healthcare professionals. Additionally, Dublin’s proximity to premier healthcare providers in Columbus, including The Ohio State University Wexner Medical Center and Nationwide Children’s Hospital (3.7 miles), enhances its accessibility to world class care, attracting medical-related travelers. Dublin offers a variety of attractions and events that draw visitors year-round, including the renowned Dublin Irish Festival, attracting over 100,000 attendees annually, and the vibrant St. Patrick’s Day Festival celebrating the city’s rich Irish heritage. Other notable events include the PGA Memorial Tournament at Muirfield Village Golf Club (4.7 miles), a highlight for golf enthusiasts. Key attractions in Dublin include Downtown Historic Dublin (1.7 miles), with its local shops, restaurants, and year-round events, and Bridge Park (1.0 miles), a vibrant mixed-use development catering to business and leisure travelers. The iconic Dublin Link (1.7 miles) suspension bridge connects these districts, enhancing walkability and visitor appeal, while Indian Run Falls (2.3 miles) offers a scenic natural retreat. Dublin is also near the Columbus Zoo and Aquarium (4.9 miles) and Zoombezi Bay Water Park (5.6 miles), two of the region’s top attractions that draw millions of visitors annually. Additionally, Dublin’s proximity to Columbus offers easy access to major sports and entertainment venues like Ohio Stadium (11.4 miles), Nationwide Arena (14.9 miles), and Lower.com Field (14.0 miles), ensuring steady demand for local accommodations. On the economic front, Dublin, Ohio, and the surrounding region are experiencing dynamic growth, with developments like Intel’s planned semiconductor plant in New Albany expected to open by 2025, creating thousands of high-tech jobs. The construction of Anduril Industries’ advanced manufacturing facility near Rickenbacker International Airport, spanning 5 million square feet, is projected to generate 4,000 new jobs by 2026, further boosting the area’s economy.