Retail Condo with Long-Term NNN
For Sale
$1,318,200
109-5451 E Harmony Rd, Timnath, CO
Newly constructed first-generation retail condominium is leased on a long-term triple net basis with scheduled annual rent escalations.
Property SizeContact for details
Days on Market101
Property Features for 109-5451 E Harmony Rd
General Information
Standard status
Active
Additional Details
Cap Rate
6%
Listing Agency:
CBRE Inc
Listed By:
Jon Rue · License #FA100004546
(970) 372-3007
Source:
Exprealty
Added: Jun 4
Changed: Sep 11
Last Checked: Sep 11 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Inc
Investment Insights
Based on property information with market context.
This newly constructed, first-generation retail condominium is offered as a long-term triple net (NNN) investment. 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 includes annual rent escalations of approximately 3% during the term.
The property is located at 5451 E Harmony Rd in Timnath, Colorado. The listing also notes that neighboring units 103 and 105 are available as separate investment opportunities.
For investors seeking a passive ownership structure with minimal landlord responsibilities, Unit 109 combines new construction with contractual rent growth across the lease’s primary term.
The property is located at 5451 E Harmony Rd in Timnath, Colorado. The listing also notes that neighboring units 103 and 105 are available as separate investment opportunities.
For investors seeking a passive ownership structure with minimal landlord responsibilities, Unit 109 combines new construction with contractual rent growth across the lease’s primary term.
Key Highlights
- Unit 109 is leased to Mtn + Mane, a boutique hair salon concept, under a new 10‑year triple net (NNN) lease.
- Lease term for Unit 109 runs from August 1, 2025 through August 1, 2035.
- Scheduled annual rent escalations of approximately 3% provide built‑in rent growth during the lease term.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
254k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Dining 39%
Shops & Services 13%
Walmart
Superstores
121,787 visits/mo
0.3 miles
Chick-fil-A
Dining
42,672 visits/mo
0.5 miles
Murphy USA
Shops & Services
28,750 visits/mo
0.4 miles
Starbucks
Dining
22,243 visits/mo
0.4 miles
Wendy's
Dining
18,202 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed first-generation retail condominium is leased on a long-term triple net basis with scheduled annual rent escalations.
Where is this nnn property located?
The property is located at 109-5451 E Harmony Rd Timnath, CO.
What is the asking price?
The asking price for this property is $1,318,200.
What are key features of this property?
This property features: Unit 109 is leased to Mtn + Mane, a boutique hair salon concept, under a new 10‑year triple net (NNN) lease.; Lease term for Unit 109 runs from August 1, 2025 through August 1, 2035.; Scheduled annual rent escalations of approximately 3% provide built‑in rent growth during the lease term.
