ROYAL PROPERTIES BROKERS TACO BELL DEAL ON FORDHAM ROAD IN BRONX, NEW YORK

Royal Properties, Inc. is pleased to announce that Taco Bell Corp. signed a long-term lease for 1,500 square feet at 8-10 West Fordham Road, Bronx, NY.

8-10 West Fordham Road is situated on the southwest corner of Fordham Road and Jerome Avenue in the Bronx. This prime site is one block from the #4 subway station, providing almost 4 million annual subway riders. Taco Bell will be taking over a former Cricket Wireless store.  Other fast food retailers on West Fordham Road include Checkers, McDonald’s and Panda Express along with other significant retailers such as Rite Aid and T-Mobile. There is currently 2,400 square feet of retail space available for lease.

“The landlord and I are both very excited to have this tenant here.  Taco Bell will be making a significant investment in this space and should do very well in this market,” states Rick Stassa of Royal Properties Inc. who represented the landlord in this transaction. Hilary Sievers of CBRE represented Taco Bell.  Royal Properties will continue assisting the landlord in bringing this property to 100% occupancy.

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