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.
- Added:
- Jun 4, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 16 at 2:46 am
Property Features for 5451 E Harmony #109
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing agent JON RUE
Listing office CBRE Inc (970) 372-3007
Listing date Jun 4, 2026
Source Corcoran
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
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.
- Lease is triple net (NNN) with annual rent escalations of approximately 3%.
- Offered at a 6.00% cap rate.
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Timnath
- County
- Larimer
- State
- Colorado
- Longitude
- -104.983
- Latitude
- 40.5297