12151 OH-93 - Retail FOR SALE


Logan, OH 43138 | 
$1,951,038 USD
734-755-6359
12151 OH-93, Logan, OH for Sale
$1,951,038 USD
Retail - FOR SALE
1/5
null | 6.65% Cap Rate

12151 OH-93
Logan, OH 43138


HIGHLIGHTS

  • Hocking Hills State Park Attracts 4 - 5 Million Visitors Annually!
  • A 2025 Study Reported $179 Million in Direct Visitor Spending
  • Seeing 5,542 Cars Per Day
  • 2026 BTS Construction | JUST OPENED IN AUGUST!
  • Dollar General Corporate Guaranty
  • 5% Rental Rate Increases Every 5 Years!

OVERVIEW

Fortis Net Lease is pleased to present this 2026 BTS Dollar General store located in Logan, Ohio. Logan's location at the gateway to Hocking Hills places you within a region supported by millions of annual visitors, a well-established hospitality industry and a growing tourism economy. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store completed construction and successfully opened for business in August 2026! This Dollar General is highly visible as it is strategically positioned off of OH-93 seeing 5,542 cars per day. It is situated off a main thoroughfare and surrounded by residential homes and is in an extremely popular tourist area. Hocking Hills State Park attracts 4-5 Million annual visitors and provides year-round tourism. The region supports a broad network of cabins, hotels, campgrounds, inns, restaurants, shops and adventure businesses that serve Hocking Hills visitors. The 10 mile population from the site is 28,609 and the 3 mile average household income is $72,009 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.65% cap rate based on NOI of $129,744. Instate Broker of Record: Michael J Fennessy | Dietz Commercial

FOR SALE DETAILS

PRICE

$1,951,038 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General near Hocking Hills State Park

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

Commercial

APN/PARCEL ID

02-002632.0000

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.