NNN Indoor Golf Simulator Retail
For Sale
$1,376,400
5451 E Harmony #103, Fort Collins, CO 80528
First-generation retail secured by a new NNN lease with a nationally operating indoor golf simulator tenant and scheduled escalations.
Property SizeContact for details
Days on Market82
Property Features for 5451 E Harmony #103
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Cap Rate
6%
Taxes and HOA fees
Annual Taxes
$58,681
Amenities
Central air
Central Air Cooling
Flat Roof
Forced Air Heating
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
Ccb Real Estate Llc
(719) 264-6955
Listed By:
JON RUE · License #FA100004546
Source:
Corcoran
Added: Jun 4
Changed: Aug 8
Last Checked: Jun 5 at 2:41AM
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 Ccb Real Estate Llc
Investment Insights
Based on property information with market context.
The offering features a first-generation retail building secured by a NNN lease structure, designed to limit landlord involvement. The property is leased to a nationally operating tenant under a new 10-year lease, commencing February 6, 2026 and expiring February 5, 2036. Lease terms include 2.50% annual rent escalations throughout the lease term.
The tenant, Back Nine, operates an indoor golf simulator concept described as technology-driven and intended to deliver a course-like simulation in a controlled, weather-independent environment. The concept supports individual use and group demand, including private events and corporate bookings, within a membership-based model. The property is located at 5451 E Harmony #103, Fort Collins, CO 80528, and two additional neighboring investment properties in Units 105 and 109 are also available.
For investors seeking a long-term, NNN-leased retail asset, this building provides a defined lease term starting in 2026 and contractual rent growth via annual escalations. The tenant’s standardized, multi-location presence is positioned to support ongoing operations within a specialty indoor entertainment format. Brokers and buyers can review the provided materials to evaluate the lease and the additional nearby units offered alongside this property.
The tenant, Back Nine, operates an indoor golf simulator concept described as technology-driven and intended to deliver a course-like simulation in a controlled, weather-independent environment. The concept supports individual use and group demand, including private events and corporate bookings, within a membership-based model. The property is located at 5451 E Harmony #103, Fort Collins, CO 80528, and two additional neighboring investment properties in Units 105 and 109 are also available.
For investors seeking a long-term, NNN-leased retail asset, this building provides a defined lease term starting in 2026 and contractual rent growth via annual escalations. The tenant’s standardized, multi-location presence is positioned to support ongoing operations within a specialty indoor entertainment format. Brokers and buyers can review the provided materials to evaluate the lease and the additional nearby units offered alongside this property.
Key Highlights
- First‑generation retail building built in 2023, secured by an NNN lease.
- Leased to a nationally operating indoor golf simulator tenant on a new 10‑year lease.
- Lease term runs Feb 6, 2026 through Feb 5, 2036.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 80528, CO
23,660
Population
8,986
Households
2.6
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
18.5 sq mi
ZIP Area
1,279
Density / Sq Mi
$122,133
Median Household Income
$57,739
Median Earnings
$1,906
Median Rent
$654,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - First-generation retail secured by a new NNN lease with a nationally operating indoor golf simulator tenant and scheduled escalations.
Where is this nnn property located?
The property is located at 5451 E Harmony #103 Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,376,400.
What are key features of this property?
This property features: First‑generation retail building built in 2023, secured by an NNN lease.; Leased to a nationally operating indoor golf simulator tenant on a new 10‑year lease.; Lease term runs Feb 6, 2026 through Feb 5, 2036.
