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33285118
33285117

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
$1,376,400
1 day on market
Updated 1 day ago

5451 E Harmony Road - Unit 103

Details
Property Type Retail, Special Purpose
Sub Type Restaurant, Sports/Entertainment
Square Footage 2,294
Cap Rate 6.00%
NOI $82,584
Occupancy 100%
Tenancy Single
Brand/Tenant Back Nine
Lease Type NNN
Lease Term 10
Lease Expiration 02/04/2036
Rent Bumps Yes
Lease Options Two 5-year options
Price per SqFt $600
Year Built 2024
Investment Type Net Lease
Lease Commencement 02/05/2026

5451 East Harmony Road, Unit 103, Timnath, CO 80547

Marketing description

Back Nine is situated just off East Harmony Road, a major thoroughfare through Northern Colorado. The corridor is home to numerous Fortune 500 employers, including AMD, Broadcom, Bank of America, Hewlett Packard, Intel, Chase Bank, Wells Fargo, CBRE, Costco, Walmart, and Target.

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

  • First generation retail building secured by a NNN lease
  • Nationally operating tenant under a new 10 year lease
  • Lease commencing February 6, 2026 and expiring February 5, 2036
  • Offered at a 6.00% cap rate
  • 2.50% annual rent escalations throughout the lease term
  • Combination of long term lease security, attractive yield, and modern construction
  • Two 5-year renewal options
  • Located just off East Harmony Road, a major thoroughfare through Northern Colorado
  • Corridor home to numerous Fortune 500 employers including AMD, Broadcom, Bank of America, Hewlett Packard, Intel, Chase Bank, Wells Fargo, CBRE, Costco, Walmart, and Target

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
$82,584.00
$6,882.00/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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