Leased Retail Condominium with
For Sale
$1,318,200
5451 E Harmony #109, Timnath, CO 80547
Newly constructed first-generation retail condo leased under a long-term triple-net agreement to a boutique hair salon.
Property SizeContact for details
Days on Market66
Property Features for 5451 E Harmony #109
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
6%
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 16 at 2:46AM
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.
Unit 109 is a newly constructed, first-generation retail condominium offered with a long-term triple-net (NNN) lease structure. The property is designed for passive ownership, with minimal landlord responsibilities, supported by the contractual terms of the lease. Unit 109 is currently leased to Mtn + Mane, a boutique hair salon concept.
The lease commenced August 1, 2025 and is set to expire August 1, 2035. Rent is scheduled to increase annually by approximately 3%, providing built-in rent growth over the primary term. The offering is located at 5451 E Harmony #109 in Timnath, Colorado, within a growing Northern Colorado retail corridor.
For investors seeking a long-duration retail asset with a tenant secured on a NNN basis, this condominium provides a turnkey, occupied structure tied to a lease with scheduled escalations through 2035. The tenant’s continued operation is supported by the new construction and the modern retail space configuration described in the offering. Neighboring units 103 and 105 are also available as investment opportunities, providing potential for investors interested in assembling adjacent leased retail condos. The confidential brochure is available upon submission of required confidentiality agreements.
The lease commenced August 1, 2025 and is set to expire August 1, 2035. Rent is scheduled to increase annually by approximately 3%, providing built-in rent growth over the primary term. The offering is located at 5451 E Harmony #109 in Timnath, Colorado, within a growing Northern Colorado retail corridor.
For investors seeking a long-duration retail asset with a tenant secured on a NNN basis, this condominium provides a turnkey, occupied structure tied to a lease with scheduled escalations through 2035. The tenant’s continued operation is supported by the new construction and the modern retail space configuration described in the offering. Neighboring units 103 and 105 are also available as investment opportunities, providing potential for investors interested in assembling adjacent leased retail condos. The confidential brochure is available upon submission of required confidentiality agreements.
Key Highlights
- Year built 2023: newly constructed first‑generation retail condominium.
- Unit 109 is leased to Mtn + Mane (boutique hair salon concept).
- New 10‑year lease for Unit 109 runs from Aug 1, 2025 to Aug 1, 2035.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 85%
Dining 13%
Shops & Services 2%
Walmart
Superstores
121,787 visits/mo
0.5 miles
Wendy's
Dining
18,202 visits/mo
0.5 miles
Les Schwab Tire Center
Shops & Services
3,373 visits/mo
0.5 miles
Demographics for 80547, CO
6,536
Population
2,843
Households
2.3
Avg Household Size
35
Median Age
73%
College-Educated
99%
High-School Grad
5.7 sq mi
ZIP Area
1,147
Density / Sq Mi
$171,971
Median Household Income
$79,285
Median Earnings
$2,040
Median Rent
$719,400
Median Home Value
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 condo leased under a long-term triple-net agreement to a boutique hair salon.
Where is this nnn property located?
The property is located at 5451 E Harmony #109 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: Year built 2023: newly constructed first‑generation retail condominium.; Unit 109 is leased to Mtn + Mane (boutique hair salon concept).; New 10‑year lease for Unit 109 runs from Aug 1, 2025 to Aug 1, 2035.
