10 School St East Hartford, CT 06118

This stand-alone Dollar Tree store is one of seven operating throughout Connecticut. The property is situated in a dense infill location with an estimated population of 224,230 residents within a 5-mile radius, boasting an average household income of $90,058, and an estimated population of 522,003 residents within a 10-mile radius. Located on the hard signalized corner of School St and Burnside Ave, the site benefits from high visibility and consistent traffic counts exceeding 12,400 vehicles per day. The tenant has demonstrated commitment to the site by recently exercising an early 7-year extension. The lease includes rare $1.00 per square foot increases in rent at each option period. The building features durable all-brick construction with a rubberized roof and is located on a large, 1.92-acre lot. Dollar Tree, a recession-proof tenant, outperformed during the COVID-19 pandemic, experiencing a notable increase in same-store sales and profitability. Dollar Tree operates over 8,00 locations across 48 states and 5 Canadian provinces and provides a corporate guarantee with an investment-grade credit rating. The property size is 13,274 square feet.