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Drug Stores Expanding Nationwide
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| Drug Stores Expanding Nationwide Eckerd Corporation trades as Eckerd at 2,644 locations in CT, DE, FL, GA, LA, MD, MO, MS, NC, NJ, NY, OK, PA, SC, TN, TX and VA. The drug stores occupy spaces of 11,000 sq.ft. to 13,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Demographic requirements include a population of 25,000 within two miles earning $30,000 as the average household income. Leases running 20 years are typical. A land area of 1.5 acres is required. For more information, contact Tom Nash, Eckerd Corporation, 8333 Bryan Dairy Road, Largo, FL 33777; 727-395-6000, Fax 727-395-7888; Web site: www.eckerd.com. Duane Reade operates more than 200 drug stores in NJ and NY. Spaces of 6,000 sq.ft. to 10,000 sq.ft. in urban/downtown, freestanding locations and strip centers are of interest. Expansion opportunities are sought in NJ and NY during the coming 18 months. Leases typically run 10 years.For more information, contact Cory Zelnick c/o Winick Realty, Duane Reade, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-792-2603, Fax 212-792-2660. USA Drug & Beauty Market/Super D trades as USA Drug & Beauty Market, USA Drug and Ike’s at 110 locations in AR, IA, IL, MS, MO and TN. The drug stores occupy spaces of 2,000 sq.ft. to 30,000 sq.ft. in freestanding locations. Relocation opportunities are sought only in metropolitan areas throughout the existing markets during the coming 18 months. Demographic requirements include a population of 15,000 within five miles earning $25,000 to $35,000 as the average household income. Leases running 15 years plus options are typical. The company prefers to acquire property. For more information, contact Gain Robinson, USA Drug & Beauty Market/Super D, 3017 North Midland Drive, Pine Bluff, AR 71603; 870-535-5171, Fax 870-535-5601; Web site: www.usadrug.com. The Bartell Drug Company trades as Bartell Drugs at 50 locations throughout WA. The drug stores occupy spaces of 12,000 sq.ft. to 20,000 sq.ft. in freestanding locations or endcaps of strip centers. Growth opportunities are sought throughout the Puget Sound region of WA during the coming 18 months. The company also will consider inline locations. Leases running 15 years plus options are typical. A turnkey is required.For more information, contact David Graef, The Bartell Drug Company, 4727 Denver Avenue South, Seattle, WA 98134; 206-763-2626, Fax 206-763-2062; Web site: www.bartelldrugs.com. Wogan Enterprises, Inc. trades as Wogan Drug Store at 20 locations in PA and WV. The drug stores occupy spaces of 10,000 in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months.For more information, contact Mrs. Wogan, Wogan Enterprises, Inc., 301 Philadelphia Avenue, Chambersburg, PA 17201; 717-263-4645. Kopp Drug Inc. trades as Kopp Drug at nine locations throughout PA. The drug stores occupy spaces of 4,500 sq.ft. in freestanding locations. Growth opportunities are sought in central PA during the coming 18 months. Demographic requirements include a population of 5,000 within five miles earning $40,000 as the average household income. Leases running 10 years are typical. For more information, contact Morley Cohn, Kopp Drug, 1405 13th Avenue, Altoona, PA 16601; 814-949-9512, Fax 814-949-9505. Family Meds Inc. trades as Arrow Pharmacy & Nutrition Center and Family Meds Pharmacy at 139 locations in 18 states in the east, midstates and south. The drugstores occupy spaces of 1,500 sq.ft. in freestanding locations, medical office buildings and clinics. Growth opportunities are sought nationwide during the coming 18 months, particularly in freestanding locations. For more information, contact Ron Kaufman, Family Meds Inc., 312 Farmington Avenue, Farmington, CT 06032; 860-676-1222, Fax 860-676-1499. Gemmel Pharmacy Group Inc. trades as Gemmel Pharmacy at 11 locations in CA. The drugstores occupy spaces of 1,000 sq.ft. to 3,000 sq.ft. in urban/downtown areas, freestanding locations and specialty and strip centers. Growth opportunities are sought in southern CA during the coming 18 months. For more information, contact Bill Oberhauser, Gemmel Pharmacy Group Inc., 143 North Euclid Avenue, Ontario, CA 91762; 909-984-7132, Fax 909-983-2737. The Walgreens Company trades as Walgreens at 3,600 locations nationwide and in Puerto Rico. The drug stores, featuring the traditional Walgreens format and new pharmacy concept, occupy spaces of 13,650 sq.ft. in freestanding locations. Growth opportunities are sought nationwide and in Puerto Rico during the coming 18 months. For more information, contact Jerry Rubin (Western Region) or Tom Connolly (Eastern Region), The Walgreens Company, 200 Wilmot Road, Deerfield, IL 60015; 847-914-2680/2684; Fax 847-914-3078. Thrifty White Stores trades as Thrifty Drug and White Drug Stores at 55 locations in IA, MN, MT, ND, SD and WI. The drug stores occupy spaces of 2,000 sq.ft. to 10,000 sq.ft. in freestanding locations and strip centers or 2,000 sq.ft. to 3,000 sq.ft. in clinics and grocery stores. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running five to seven years are typical.For more information, contact Bob Narveson, Thrifty White Stores, 10700 Highway 55, Suite 300, Plymouth, MN 55441; 763-513-4300 Ext. 4343, Fax 463-513-4380. Medicap Pharmacies Inc. trades as Medicap Pharmacy at 185 locations nationwide. The drug stores, specializing in prescription drugs, occupy spaces of 2,000 sq.ft. in freestanding locations and power, specialty and strip centers. Growth opportunities are sought nationwide during the coming 18 months. A land area of 18,000 sq.ft. and a turnkey are required. The company is franchising.For more information, contact John Pittarelli, Medcap Pharmacies Inc., 4350 Westown Parkway, #400, West Des Moines, IA 50266; 515-224-8400, Fax 515-224-8415; Web site: www.medicaprx.com; Email: jpitarelli@medicaprx.com. College Pharmacy Inc. trades as City Drug, College Gift Center, College Pharmacy and Twin City Drugs at seven locations throughout GA. The drug stores occupy spaces of 1,500 sq.ft. to 2,000 sq.ft. in urban/downtown areas and strip centers. Growth opportunities are sought throughout southern GA, within 50 to 75 miles of the home office, during the coming 18 months. Preferred cotenants include drug stores, hospitals and supermarkets. For more information, contact Lee Roundtree, College Pharmacy Inc., 19 South Main Street, Statesboro, GA 30458; 912-764-5421, Fax 912-764-3133. Fagen Pharmacy operates 23 locations throughout IL and IN. The drug stores occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in urban/downtown areas, freestanding locations and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Leases running 10 years are typical. The company also trades as American Drug Store, a mail order business. For more information, contact Gerald Fagen, Fagen Pharmacy, 915 South Hallack Street, Demotte, IN 46310; 219-987-6468, Fax 219-987-7865. |