Royal Properties, Inc. is pleased to announce that Canaan Pharmacy, Inc. d/b/a V Care Pharmacy signed a 10-year lease with a 5-year option for 1,190 square feet at 1967 Westchester Avenue in Bronx, NY.

V Care Pharmacy is expanding their business by leasing the adjacent space at 1967 Westchester Avenue and keeping their existing store at 1959 Westchester Avenue.  V Care Pharmacy is a community retail pharmacy with 70 locations and 1,000 employees throughout the US, that stores, prepares and dispenses medicinal preparations.

1967 Westchester Avenue is situated at a former Lycamobile with 17 feet of frontage.  This site is within walking distance to the Parkchester Subway Station and multiple bus stops and neighboring retailers including Macy’s, Foodtown, C-Town, TD Bank, Marshalls, Popeye’s, Walgreens, Starbucks, Mattress Firm, Dollar Tree and many more.

“We had a great deal of interest in the space.  We decided to rent the space to the pharmacy next door because of their clear market knowledge, great credit and belief that they would be successful operators at the location,” states Rick Stassa of Royal Properties, Inc. Rick has completed nine deals this year in the Bronx and Upper Manhattan.

For additional information, please contact Rick Stassa at 914-237-3400, Ext. 107 (Rick@RoyalPropertiesInc.com).

Royal Properties, Inc. is a retail brokerage and consulting company specializing in the placement of retailers throughout New York, New Jersey & Connecticut.  To learn more about Royal Properties, Inc., please call 914-237-3400 or visit our website at www.royalpropertiesinc.com.