www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30026584
30026585

10 School St, East Hartford, CT 06118 For Sale

GE
TN 373272
Matthews
CS
TN 361676, TX 693140
Matthews
Listed by Matthews
$1,748,506
139 days on market
Updated 82 days ago

Dollar Tree | East Hartford, CT | 7.25% Cap Rate

Details
APN EHAR M:47 L:72
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 13,274
Cap Rate 7.25%
NOI $126,766
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN+
Lease Expiration 01/30/2033
Remaining Term 6.5
Rent Bumps Yes
Lease Options (2) 5-yr Options
Price per SqFt $132
Year Built 2005
Acreage 1.920
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple

Renewed Lease Early | 224k Residents within 5-mile radius | Paying $9.55 per sq/ft

Marketing description

  • Limited Inventory – This store is 1 of 7 stand-alone Dollar Trees that operate throughout Connecticut

  • Dense Infill Location – estimated population of 224,230 residents within a 5-mile radius boasting an average household income of $90,058 – estimated population of 522,003 residents within a 10-mile radius

  • High Visibility – Located on the hard signalized corner of School St and Burnside Ave which sees consistent traffic counts exceeding 12,400 VPD

  • Tenant Commitment – Tenant has demonstrated their commitment to the site by recently exercising an early 7-year extension

  • Strong Rent Growth – Rare $1.00 psf increases in the rent at each option period

  • “Good Bones” – Durable all brick construction with a rubberized roof located on a large, 1.92 acre lot

  • Recession-Proof Tenant – Dollar Tree outperformed during the COVID-19 pandemic, experiencing notable increase in same-store sales and profitability.

  • National Tenant Strength – Dollar Tree operates over 8,00 locations across 48 states and 5 Canadian provinces

  • Corporate Guarantee – Investment Grade Credit Rating

Listing Contacts

GE
TN 373272
Matthews
CS
TN 361676, TX 693140
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,766.00
$10,563.83/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kyle Matthews
License
REB.0790986 (CT)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591