Progress edition: Starbucks expands Pahrump footprint in 2019

The Pahrump area welcomed its first drive-thru Starbucks location in the early part of 2019.

A new, roughly 2,200-square-foot stand-alone Starbucks location opened at the end of March 2019 at 460 S. Highway 160 in Pahrump. Construction began in the latter half of 2018 on the new coffeehouse—Pahrump’s new, and only, drive-thru Starbucks option at the time of opening.

The new option was the second Starbucks location in Pahrump at the time of opening. The other Starbucks location is inside the Albertsons grocery store at 200 S. Highway 160.

Starbucks plans market entry

According to deed records at the county recorder’s office, Mary W. Zell, trustee of the Zell Family Trust, sold her vacant land at 440 and 460 S. Highway 160, to Highway 160-Pure LLC, a company held by Austin, Texas-based Pure Partners, for $610,000. Other documents in the recorder’s office show a memorandum of lease to Starbucks Corp. with Highway 160-Pure as the landlord.

Information on Pure’s website stated the company has done multiple build-to-suit projects for Seattle coffee maker Starbucks Corp. and other national tenants in Las Vegas and in several states across the country.

The general contractor on the project was listed as Las Vegas-based KC Maintenance Inc., according to signage at the construction site on Highway 160.

Construction on the new Starbucks location began in 2018 following the purchase of the land that formerly housed Java Junkies.

Signage was raised on March 7 at the Highway 160 location with construction cranes hoisting a large sign brandishing the Starbucks logo.

Multiple attempts to reach Starbucks Corp. or Pure by a reporter from the Pahrump Valley Times have been unsuccessful.

Future plans

Pure entered into a lease agreement with Starbucks Corp. for the new store on Highway 160.

Documents filed with the Nye County Recorder’s Office show a memorandum of lease between the landlord, Highway 160-Pure LLC, and Starbucks Corp., the tenant. The lease terms consist of a 10-year initial term with options for Starbucks on future terms, according to the documents.

The lease covers the 2,200-square-foot commercial property at 440 and 460 S. Highway 160 in Pahrump, according to the documents with the recorder’s office.

When Starbucks opened its first corporate location in Pahrump in late March 2019, the company was experiencing growth.

According to Starbucks’ fiscal 2019 first quarter results (period ending Dec. 30, 2018), the company opened 541 net new stores across all segments in the first fiscal quarter of 2019, globally. Over two-thirds of those openings were outside the U.S. and roughly 50 percent were licensed locations, according to the results.

Those 541 net new stores gave Starbucks a 7 percent increase in its footprint across the globe over the prior year, according to the company’s financial statements. Starbucks had 29,865 stores at the end of the first quarter for fiscal year 2019.

Contact reporter Jeffrey Meehan at jmeehan@pvtimes.com