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Starbucks

401 S Main Street, Belen, NM

Property Status

Off-Market

Lot Size

.65 AC

Building Size

2,400 SF

Deal Type

BTS

Starbucks had asked me to find a site for a new store in Belen, NM. After searching throughout the city, I realized there was only one location that fit their needs, but it wasn’t on the market. After reaching out, I found out that the property owners were older and eager to sell. We quickly struck a deal, which was quite rare!
 

However, the project’s scope, especially the offsite road improvements required by NMDOT, seemed cost-prohibitive. I started to explore some city incentive programs. After several face-to-face meetings and securing City Council approval, we obtained financial incentives to help cover the road work costs. This allowed us to move the project forward.

J. Clint Jameson, CDP

Managing Partner

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Belen, NM (CRE)
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