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| Price $1,240,000 | Built/Renov 1970/2013 | Tenant PhysicianOne Urgent Care |
| Cap Rate 6.19% | Lease Type
Double NN | Guarantor Corp Rated |
| Size/SF
3,040
| Lease Start
05-01-2013
| #Units
26
|
| Price/SF $407.89 | Expiration
10-31-2028
| Tenant Type Medical/Health |
| NOI $76,800 | R. Term 3.10 | Ownership Fee Simple |
| Rent/SF
$25.26
| Increases 14.8%/5/yrs | Pop 5Mi 54,169 |
| Lot/AC 0.44 | Options 1/5yrs/15% | AHHI 5Mi $100,015 |
| | |
PhysicianOne Urgent Care is strategically located on West Main Street (CT Route 82), with access to 17,100 vehicles passing by daily. It is conveniently situated just 0.3 miles from the signalized intersection with New London Turnpike. West Main Street (CT Route 82) serves as the primary East-West thoroughfare in the region and is the dominant commercial hub. The property is located 0.6 miles...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Highway location
Strong demographics
Affluent AHHI $100K 5 Mi
Major MSA
Recently extended lease
Corporate Guarantee
PhysicianOne Urgent Care is a leading provider of urgent care services across the Northeast. Their medical centers provide walk-in treatment for non-life-threatening illnesses and injuries every...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,870 | 32,827 | 53,036 |
| 2023 Total Population : | 8,061 | 33,330 | 53,819 |
| 2023 Employed Civilian Pop : | 4,154 | 17,501 | 27,501 |
| 2023 Total Businesses : | 337 | 1,469 | 2,168 |
| 2023 Average Household Income : | $ 93,319 | $ 89,509 | $ 93,282 |
| 2023 Total Consumer Spending : | $ 269 M | $ 1067 M | $ 1770 M |
| 2023 Median Age : | 39 | 40 | 41 |
| 2023 Total Households : | 3,345 | 13,744 | 21,974 |
| 2023 Pop Age 25+: Bachelor's Degree : | 590 | 3,228 | 5,561 |
| 2023 Average Home Value : | $ 198,309 | $ 253,159 | $ 262,803 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Main St | Norman Rd | 2005 | 22,700 | 0.07 mi |
| W Main St | Maple St | 2005 | 19,900 | 0.19 mi |
| W Main St | Jones Ct | 2002 | 24,900 | 0.21 mi |
| New London Tpke | Nordon Ave | 2002 | 7,600 | 0.64 mi |
| Salem Tpke | Wawecus Hill Rd | 2005 | 24,800 | 0.79 mi |
| Salem Tpke | Maplewood Ct | 2020 | 5,200 | 0.90 mi |
| W Main St | Fairmount St | 2005 | 16,600 | 0.90 mi |
| Salem Tpke | I- 395 | 2020 | 5,200 | 0.92 mi |
| I- 395 | Salem Tpke | 2020 | 21,100 | 0.93 mi |
| I- 395 | Salem Tpke | 2005 | 51,600 | 0.93 mi |
Norwich, CT
Cap Rate 6.19%
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R. Term 4.00 yrs
Size/SF 3,040
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Size/SF 5,057
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
