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