Horvath & Tremblay is pleased to present the exclusive sale of the single tenant PhysicianOne Urgent Care (Yale New Haven Health System) located at 605-607 in Norwich, Connecticut (the “Property”). The single tenant Property includes a 3,040 square foot building on a 0.44-acre corner lot. PhysicianOne has been at this location since 2013 and just exercised their first renewal option, demonstrating their commitment to the site and the market. PhysicianOne has 5 years remaining on their lease with one (1), 5-year renewal option remaining. Physician One’s lease calls for a 15% rent increase at the start of their remaining renewal option period. In October 2023, PhysicianOne Urgent Care was acquired by Yale New Haven Health System, Connecticut’s leading healthcare system, consisting of Bridgeport, Greenwich, Lawrence + Memorial, Yale New Haven and Westerly hospitals, and Northeast Medical Group, a physician foundation of primary care and medical specialists. The Property is situated along West Main Street (CT Route 82) approximately 0.3-miles from the signalized intersection with New London Turnpike. West Main Street (CT Route 82) is the area’s primary East-West thoroughfare and the area’s dominant commercial corridor. The Property is 0.6-miles from Three Rivers Community College, 0.9-miles from Interstate 395 and is approximately 1.75-miles from downtown Norwich and Mohegan Sun Casino. The location is part of an exceptional trade area centered around the Interstate 395 corridor. The Property, which enjoys outstanding frontage and visibility along Salem Turnpike, is surrounded by national retailers like Walmart, Big Y, Shop Rite, TJ Maxx and numerous restaurants.