Brand New Dollar General Plus | Rent Bumps

Highlights:

• Brand New 15 Year Absolute NNN Lease | Zero Landlord Responsibilities
• 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!
• 5% Rental Rate Increases Every 5 Years!
• 4 (5 Year) Options | 5% Increases At Each Option
• 3 Mile Household Income $72,009
• 10 Mile Population 28,609
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty

Description:

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.

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