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Drug Stores Expanding Nationwide
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Drug Stores Expanding Nationwide Duane Reade operates 250 locations throughout NJ and NY. The drug stores occupy spaces of 6,000 sq.ft. to 10,000 sq.ft. in urban/downtown areas, freestanding locations and strip centers. Plans call for 20 openings throughout NJ and Westchester and the five boroughs of NY annually, with representation by Winick Realty Group. Typical leases run 20 years. For more information, contact Cory Zelnik or Jeff Winick, Winick Realty Group, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-792-2603, Fax 212-792-2660.
CVS trades as CVS Pharmacy at 4,600 locations nationwide. The drug stores occupy spaces of 13,013 sq.ft. in freestanding locations. Growth opportunities are sought throughout AZ, FL, NV and TX during the coming 18 months. Typical leases run 22 years. Preferred demographics include a population of 18,000 within two miles. For more information, contact Sue Capistran, CVS, One CVS Drive, Woonsocket, RI 02895; 877-265-7325, Fax 401-770-2606.
Keystone Wholesale trades as Keystone Pharmacy and Medicine Chest at eight locations throughout IA and NE. The drug stores occupy spaces of 10,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Dale Seeba, Keystone Wholesale, 7328 Maple Street, Omaha, NE 68134; 402-391-2659, Fax 402-391-7669.
Hartig Drug Co., Inc. trades as Hartig Drug Store, Hartig Pharmacy and Finley-Hartig Homecare at 13 locations throughout IA, IL and WI. The drug stores occupy spaces of 9,000 sq.ft. to 13,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. For more information, contact Dick Hartig, Hartig Drug Co., Inc., 703 Main Street, Dubuque, IA 52004; 563-588-8700, Fax 563-588-8725.
Rite Aid Corp. trades as Rite Aid at 3,400 locations nationwide. The drug stores occupy spaces of 12,000 sq.ft. to 17,000 sq.ft. in urban/downtown areas, freestanding locations and pad sites. Plans call for 75 openings throughout the existing markets during the coming 18 months. For more information, contact Karen Smith, Rite Aid Corp., 30 Hunter Lane, Camp Hill, PA 17011; 717-761-2633, Fax 717-975-5907.
Alaco Discount Pharmacy operates seven locations throughout AL. The drug stores occupy spaces of 5,000 sq.ft. in urban/downtown areas, strip centers and freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Leonard Morris, Alaco Discount Pharmacy, 102 JD Smith Drive, Attalla, AL 35954; 256-538-5697.
Hoffman Pharmacy, Inc. trades as Ace Pharmacy, Baywood Pharmacy, Hoffman Pharmacy, Holmdel Village Pharmacy, Iselin Pharmacy, Marquette Pharmacy and Ocean Port Pharmacy at seven locations throughout NJ. The drug stores occupy spaces of 3,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Jerry Conte or Raj Desai, Hoffman Pharmacy, Inc., 1 Laurence Parkway, Laurence Harbor, NJ 08879; 732-566-3304, Fax 732-566-3631.
Thriftway Associates trades as Thriftway Drug Stores at 11 locations throughout NY. The drug stores occupy spaces of 9,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 15 to 20 years. A vanilla box is required. Preferred demographics include a population of 50,000 within five miles. Duane Reade and Rite Aid are cited as competition. For more information, contact Frank Vella, Thriftway Associates, 969 Madison Avenue, New York, NY 10021; 212-737-5560.
Navarro Discount Pharmacies operates 18 locations throughout FL. The drug stores occupy spaces of 18,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Plans call for two to three openings throughout Dade and Broward Counties, FL annually. For more information, contact Gabriel Navarro, Navarro Discount Pharmacies, 5959 Northwest 37th Avenue, Miami, FL 33142; 305-633-3000.
Marc Glassman, Inc. trades as Marc’s and Xpect Discounts at 57 locations throughout CT and OH. The drug stores occupy spaces of 40,000 sq.ft. in strip centers and freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. For more information, contact Ken Sustin, Marc Glassman, Inc., 5841 West 130th Street, Parma, OH 44130; 216-265-7700.
Doc’s Drugs Ltd. trades as Doc’s Drugs and Sartoris Drug at 15 sites throughout IL. The drug stores use 10,000 sq.ft. in urban/downtown areas, freestanding sites and strip centers. Growth opportunities are sought throughout IL during the coming 18 months. For more information, contact Jeff Haran, Doc’s Drugs, 455 East Reed, Braidwood, IL 60408; 815-458-6104.
RXD Pharmacies, Inc. trades as A&B Drug, Banks Apothecary, State Street and Ellis Drugs at 12 locations throughout NJ and PA. The drug stores occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in freestanding locations and mixed-use centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. A vanilla shell is required. For more information, contact Carl Stott, RXD Pharmacies, 7244 Haddon Avenue, Collingswood, NJ 08108; 856-858-9292, Fax 856-858-7286.
Albertsons trades as Sav-On at 360 locations throughout CA and NV. The drug stores occupy spaces of 13,000 sq.ft. to 14,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 25 years with options. The company prefers to acquire sites. For more information, contact Greg Goins, Albertsons, 1421 South Manhattan Avenue, Fullerton, CA 92831; 714-300-6738.
Sav-Mor, Inc. trades as Sav-Mor Pharmacy at seven stores throughout IL. The drug stores occupy spaces of 2,500 sq.ft. in urban/downtown areas. Growth opportunities are sought throughout Rantoul and Sherman, IL during the coming 18 months. For more information, contact David Falk, Sav-Mor, Inc., 1999 West Grand Avenue, Decatur, IL 62522; 217-362-6226, Fax 217-362-6241.
Shoppers Drug Mart trades as Pharmaprix, Shoppers Home Health Care and Shoppers Drug Mart at 960 locations throughout Canada. The drug stores occupy spaces of 16,000 sq.ft. in freestanding locations, malls and strip centers. Plans call for 120 openings throughout the existing markets during the coming 18 months. For more information, contact Larry Balaban, Shoppers Drug Mart, 243 Consumers Road, Toronto, Ontario, Canada M2J 4W8; 416-493-1220.
Bourkes Drug Stores Ltd. trades as Med-Plus Pharmacy at seven locations throughout Ontario, Canada. The drug stores occupy spaces of 4,000 sq.ft. to 6,000 sq.ft. in malls, freestanding locations, urban/downtown areas and strip centers. Growth opportunities are sought throughout Ontario and Manitoba, Canada during the coming 18 months. For more information, contact Levino Tittaferrante, Bourkes Drug Stores Ltd., 874 Tungsten, Thunder Bay, Ontario, Canada P7B 6J3; 807-345-4888.
Peoples Drug Mart Ltd. trades as Peoples Drug Mart and Peoples Pharmacy at 45 locations throughout Canada. The drug stores occupy spaces of 7,500 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout rural British Columbia, Canada during the coming 18 months. For more information, contact Ian Maxwell, Peoples Drug Mart Ltd., 1595 Cliveden West, Suite 5, Delta, British Columbia, Canada V3M 6M2; 604-519-1595, Fax 604-519-1596.
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