NNN Retail
For Sale
$1,318,200
5451 E Harmony Rd # 109, Timnath, CO 80547
A salon operator occupies a newly built suite under a long-term triple-net lease.
Property Size2,197 SF
Days on Market11
Property Features for 5451 E Harmony Rd # 109
General Information
Standard status
Active
Size
2,197 SF
Zoning
Commercial
Additional Details
Cap Rate
6%
Amenities
Licensee
District
12197
0.28
No
2197
Building Details
Building Size
2,197 SF
Year Built
2023
Tenancy
Single
Listing Agency:
(970) 594-9228
Listed By:
Jeff Pyle
Source:
Focalrealestategroup
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:46PM
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 Jeff Pyle
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Investment Insights
Based on property information with market context.
Built in 2023, this retail condominium at 5451 E Harmony Rd, Unit 109, is leased to Mtn + Mane, a boutique hair salon. The commercial-zoned space is subject to a triple-net lease, with the tenant responsible for lease obligations under that structure.
The 10-year term begins August 1, 2025, and ends August 1, 2035. Annual rent increases of approximately 3% are built into the lease, and the property is offered at a 6.00% cap rate. Neighboring Units 103 and 105 are also available as investment opportunities.
The 10-year term begins August 1, 2025, and ends August 1, 2035. Annual rent increases of approximately 3% are built into the lease, and the property is offered at a 6.00% cap rate. Neighboring Units 103 and 105 are also available as investment opportunities.
Key Highlights
- 10‑year triple‑net lease runs from August 1, 2025, through August 1, 2035
- Leased to Mtn + Mane, a boutique hair salon concept
- Annual rent escalations of approximately 3%
Property Analytics
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Current Use
Lease Details
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - A salon operator occupies a newly built suite under a long-term triple-net lease.
Where is this nnn property located?
The property is located at 5451 E Harmony Rd # 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: 10‑year triple‑net lease runs from August 1, 2025, through August 1, 2035; Leased to Mtn + Mane, a boutique hair salon concept; Annual rent escalations of approximately 3%
