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33285042
33285041

5451 E Harmony Rd, Timnath, CO 80547

AS
CO FA100108582
CBRE - Fort Collins
JR
CO FA100004546
CBRE - Fort Collins
CBRE - Fort Collins
Listed by CBRE - Fort Collins
$1,318,200
1 day on market
Updated 1 day ago

5451 East Harmony Road (Unit 109 )

Details
Property Type Retail
Sub Type Commercial
Square Footage 2,197
Cap Rate 6.00%
NOI $79,092
Occupancy 100%
Tenancy Single
Brand/Tenant Mtn + Mane
Lease Type NNN
Lease Term 10
Lease Expiration 07/31/2035
Rent Bumps Yes
Lease Options Two 5-year options
Price per SqFt $36
Year Built 2024
Investment Type Net Lease
Lease Commencement 07/31/2025

5451 East Harmony Road, Unit 109, Timnath, CO 80547

Marketing description

Mtn + Mane is strategically located just off East Harmony Road, a major east–west arterial serving Northern Colorado and one of the region’s most prominent retail corridors. The surrounding area features a strong mix of national retailers, lifestyle services, and daily needs uses, including Walmart, Target, Costco, and other wellestablished brands.

The corridor benefits from high traffic counts, strong household incomes, and consistent population growth, drawing consumers from Fort Collins, Loveland, Timnath, and surrounding communities. This level of accessibility and visibility supports sustained demand for personal care and service-oriented retail, making it an ideal location for a boutique salon concept like Mtn + Mane.

The offering presents the opportunity to acquire a newly constructed, first-generation retail condominium secured by a long-term triple net (NNN) lease, providing investors with a passive ownership structure, minimal landlord responsibilities, and stable, predictable cash flow.

Unit 109 is leased to Mtn + Mane, a boutique hair salon concept, under a new 10-year lease commencing August 1, 2025 and expiring August 1, 2035. The lease features annual rent escalations of approximately 3%, delivering built-in income growth throughout the primary term and enhancing long-term return potential.

This asset is offered at a 6.00% cap rate and benefits from a high-quality tenant occupying a modern, well-located retail space in a growing Northern Colorado corridor. The combination of new construction, contractual rent growth, and a long-term lease structure provides a compelling, low-management investment opportunity

Timnath, co msa timnath, colorado is a fast-growing town in southeastern larimer county, ideally situated just minutes from fort collins with direct access to i-25, offering excellent regional connectivity. Originally founded in 1882 as an agricultural community, timnath has evolved into a vibrant and scenic town known for its high quality of life and proximity to the rocky mountains. The town is experiencing a wave of thoughtful development, blending natural beauty with modern infrastructure and amenities. Its population has surged in recent years, attracting young families and professionals drawn to its balance of lifestyle, opportunity, and open space. With thousands of new homes planned and limited existing retail and dining options, timnath presents a prime opportunity for commercial growth. This dynamic environment sets the stage for riverbend urban village to become a central hub for commerce and community in northern colorado.

Investment highlights

  • Newly constructed, first-generation retail condominium
  • Long-term triple net (NNN) lease - passive ownership structure with minimal landlord responsibilities
  • 10-year lease commencing August 1, 2025, and expiring August 1, 2035
  • Annual rent escalations of approximately 3%
  • 6.00% cap rate
  • 100% occupancy - Mtn + Mane boutique hair salon tenant
  • Located just off East Harmony Road - major east-west arterial in Northern Colorado
  • High traffic counts, strong household incomes, and consistent population growth
  • Two 5-year renewal options
  • Surrounding national retailers include Walmart, Target, Costco, Chick-fil-A, Starbucks, Costco, and others

Listing Contacts

AS
CO FA100108582
CBRE - Fort Collins
JR
CO FA100004546
CBRE - Fort Collins
CBRE - Fort Collins
Listed by CBRE - Fort Collins

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,092.00
$6,591.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Alexander Schultz
License
FA100108582
Brokerage
CBRE
Brokerage Phone
9706587159
Title
Associate
Brokerage Address
3003 East Harmony Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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