Western States
Single Tenant NNN - Alamogordo, NM

FOR SALE - Little Caesars NNN investment opportunity

$1,060,000 - 7.00 cap

Top Sales & Leasing Firm in 2013

Also recognized individually:

Top Sales Broker

Alfredo Barrenechea

Top Retail Leasing Broker 

Mike Barker

Matt Reeves

Michael Reneau

Two Property Portfolio - Santa Fe, NM

Plaza del Sol Shopping Center

Gardenswartz Shopping Center


Ventura Place Shopping Center

UNDER CONTRACT - Bed Bath and Beyond Anchored and Trader Joe's co-anchored shopping center


Interstate 25 Power Center Outparcel

Three tenant retail building for sale - Mattress Firm, Brides by Demetrios, and Office Depot

40,000 SF


8.08 CAP

Western States Retail is a boutique investment real estate firm specializing in acquisition, stabilization, and disposition of investment quality commercial real estate for private and institutional investors. We look forward to helping with your requirement.
About Us

Western States Retail & Investment, based in Albuquerque, NM and serving the entire western United States, is a client-focused boutique brokerage firm specializing in investment quality commercial real estate. Our firm focuses on the acquisition and disposition of net leased, shopping center, hospitality, industrial, multifamily and office investment real estate. Additionally, we offer select leasing and tenant representation services. The Western States team also provides complete developer services and can help developers through the entire process: from site identification to final disposition of the asset. 

We have the market knowledge to help our clients find real estate that best meets their goals and exceptional experience in identifying off market assets so our clients have the ability to buy comfortably without the additional pricing pressures of competing buyers. 

Using the latest technology and our team’s in-depth market knowledge Western States Retail & Investment has created the industry’s definitive investment sales platform. When it comes to selling investment assets, our system, tools, knowledge and experience result in maximum value and the fastest possible sale. With our simple listing service, you can save the negotiating for the buyer. 

The Western States Retail & Investment team believes now is the time to help position our clients for a prosperous future in investing in commercial real estate. We look forward to working with you.

Alfredo Barrenechea

With over 9 years of experience in commercial real estate as a developer, landlord and broker, Alfredo has worked with nation’s top tenants such as McDonalds, Dunkin Donuts, Trader Joes, Little Caesars, Albertsons, and Subway as well as most of the country’s active REITs. Alfredo was the top producer for the area’s largest brokerage firm in 2013 and received the CoStar Power Broker award for sales.

Alfredo specializes in the acquisition and disposition of net leased, shopping center, and hospitality assets. He also has in-depth experience in multi-family, office and industrial investment real estate.

Michael Reneau

Following a distinguished 18 year career in executive sales and management with Fortune 100 companies in San Francisco, Dallas and Albuquerque, Michael spent3 years with NAI Maestas & Ward. While there, he was a top-performing broker in the areas of Investment and Retail leasing, earning the CoStar Power Broker award for 2012.

Having lived and worked in the western states of Texas, Colorado, New Mexico, Utah, Idaho and California, Michael has a keen understanding of the commercial real estate dynamics associated with the West and serves as President for the firm.


Matt Reeves

Matt started his career in real estate in the San Francisco Bay Area managing residential and commercial units throughout the South Bay and Peninsula. After successfully assisting in acquisition, renovation, and subsequent disposition of stabilized assets, Matt relocated to the Albuquerque area to manage a portfolio of more than one million square feet of retail, office and multifamily property concentrated in the metro but extending throughout New Mexico and into Nevada, Texas and Arizona.

As a broker, Matt has been recognized as a CoStar Power Broker for retail leasing in 2012 and 2013. With a strong background in both investment acquisition, location intelligence in the Southwest, and a proven track record in lease-up/asset stabilization, Matt is a strong fit for the culture and goals of the firm.

Mike Barker

From 2003 to 2008, Mike was a principal at Prestige Mortgage Group Inc. in Albuquerque and was responsible for the development and day-to-day operation for the company. As a business owner and a principle in a mortgage firm, Mike gained extensive knowledge and experience in loan processes, personal and business financials, and marketing.

Since beginning his real estate career in 2009 as an inside leasing agent and later as a broker, Mike has executed more than 250 commercial lease and sale transactions. Working with many local and national brands, Mike procured strategic space designed to facilitate future growth and delivered in depth market knowledge to help his clients achieve their goals. This work earned him the CoStar Power Broker award in Leasing for 2013. 


Properties For Sale
Properties For Lease
Featured Properties
  • Realty Income

    Realty Income is a 44-year old, publicly traded real estate company dedicated to paying monthly dividends to its shareholders. The revenue to pay these dividends is generated from over 3,800 commercial properties in 49 states and Puerto Rico that we own under long-term leases, primarily with large commercial enterprises that operate multiple locations. Our shares are listed under the ticker symbol "O" on the New York Stock Exchange. 

  • Passco Investments

    PASSCO Companies, LLC owns and manages over $1.8 billion and 19 million square feet of land and class A & B commercial investment property in 20 states.

  • Tabani Group

    Tabani Group is a leading opportunistic, hands-on, real estate investment firm.  We acquire underutilized properties to bring them to their full potential by leveraging relationships and internal capabilities.  Our performance and transactional expertise is built upon our reputation for creativity, judgment, timeliness, and integrity.  Our company owns more than 5 million sq. ft. of properties in multiple markets throughout the United States.

  • Sizzling Platter, LLC

    Sizzling Platter, LLC operates 5 national brands across the western United States and Mexico.  Western States Retail & Investment works as site selection and development coordinators throughout NM and the southwest.

  • SportClips

    Sport Clips is headquartered in Georgetown, Texas and was established in 1993 by founder and CEO Gordon Logan. The sports-themed haircutting franchise, which specializes in haircuts for men and boys, is ranked by Entrepreneur Magazine as one of the top 20 "Fastest-Growing Franchises," and in the top 10 percent of the "Franchise 500."

  • Subway

    As Subway's partner in New Mexico, Western States identifies and facilitates new store expansion and strategic relocation to better serve dense metro, rural and freeway traffic stops throughout the state. Subway has over 39,000 locations surpassing McDonald's as the world's largest fast food chain.

  • Dominos Pizza

    Domino’s Pizza is the 2nd largest pizza chain in the United States and the largest worldwide chain with more than 10,000 corporate and franchised stores.  Western States Retail & Investment is a strategic partner that works with corporate and local franchisees to scout new sites and territories for expansion and relocation. 

  • Dunkin Donuts

    Western States Retail & Investment worked hand in hand with Dunkin Donuts on strategic site selection for future expansion into the Albuquerque metro market.

  • Meineke Car Care Centers

    Meineke Care Care Centers currently operates over 900 locations throughout the United States.  Western States Retail & Investment is a strategic partner that works with Meineke on site selection and territory expansion.  

  • Pizza 9

    Western States Retail & Investment facilitates all new site and territory acquisitions for Pizza 9 directly through their corporate office.  As an exclusive partner for Pizza 9, Western States has helped the brand expand and become the fastest growing pizza chain in New Mexico.  Further expansion into Texas and Colorado is expected soon.

  • Kelly Liquors

    Kelly Liquors is the largest independent liquor store chain in New Mexico.   Western States Retail & Investment is a partner with Kelly’s in their new site acquisitions and real estate dispositions.   Kelly Liquors currently has 18 locations in New Mexico.  

Contact Us
7770 Jefferson NE, Suite 430
        Albuquerque, NM 87109