ALAMOGORDO, NM – What was thirty years ago a sleepy town on the base of the Sacramento Mountains is now attracting big names in retail, most recently Starbucks Coffee. Prestige Development Group (PDG, Inc.) has partnered with the coffee chain to develop a drive-thru Starbucks (NASDAQ: SBUX) at 1400 S. White Sands Blvd.
The 2,000-square-foot coffee house will be easily accessible on Alamogordo’s ever-expanding retail corridor. Prestige Development Group has developed many of the properties in this corridor and is anticipating yet another great retail attraction to the city.
What makes Alamogordo an ideal location for retail, other than its constant traffic within city limits, is the constant traffic it experiences as the main thoroughfare between the West and the South to other huge New Mexican tourist destinations. Both the developer and Starbucks Coffee are certain Alamogordo will make a profitable new home for the coffeehouse chain. If you are interested in purchasing the store as an investment property, please contact Prestige Development Group.
Starbucks Corporation is an American coffee company chain founded in Seattle in 1971 and has more than a hundred stores throughout the state, including the closest Starbucks locations for Alamogordo residents in Ruidoso and Las Cruces. It has about 23,000 restaurants globally. According to Forbes.com, Starbucks ended fiscal year 2015 by posting 3 percent growth in customer count. The company’s plans for expansion in 2016 involves opening 1,800 stores, half in Asia Pacific and China.
Prestige Development Group is a high volume developer specializing in several restaurant, retail, and medical properties nationwide. PDG, Inc. also offers great opportunities to franchisee based products for many national chains, and looks to continue prospering business ventures in all regions.
The project will break ground within the next two weeks and will be open by early 2017.