Triple Net Retail Restaurant
For Sale
$1,376,400
5451 East Harmony Road, Timnath, CO 80547
First-generation retail building with a NNN lease to Wingstop under a new 10-year term.
Property Size2,294 SF
Price / SF$600
Days on Market80
Property Features for 5451 East Harmony Road
General Information
Standard status
Active
Size
2,294 SF
Property subtype
Retail
Additional Details
Cap Rate
6%
Listing Agency:
CBRE - Fort Collins
Listed By:
Jon Rue · License #FA100004546
(970) 372-3851
Source:
Cbre
Added: Jun 17
Changed: Sep 4
Last Checked: Sep 4 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 CBRE - Fort Collins
Investment Insights
Based on property information with market context.
This offering features a first-generation retail building secured by a triple net (NNN) lease. Unit 105 is leased to Wingstop, a national fast casual restaurant brand, under a new 10-year lease. The lease includes a 10% rent increase in Year Six.
The property is located just off East Harmony Road, described as a major east–west arterial serving Northern Colorado and one of the region’s most heavily trafficked retail corridors. The surrounding area includes a dense concentration of national retailers and daily needs uses, with major brands listed in the remarks including Walmart, Target, and Costco.
For investors or buyers seeking a retail asset with minimal landlord responsibilities, the NNN structure and long-term tenancy by a nationally recognized restaurant concept are central considerations. The unit is occupied by Wingstop in a modern quick service format, with the brand’s emphasis on cooked-to-order wings, tenders, and proprietary flavors supporting ongoing operating demand. The included Year Six rent step provides embedded lease-term growth within the current 10-year agreement.
The property is located just off East Harmony Road, described as a major east–west arterial serving Northern Colorado and one of the region’s most heavily trafficked retail corridors. The surrounding area includes a dense concentration of national retailers and daily needs uses, with major brands listed in the remarks including Walmart, Target, and Costco.
For investors or buyers seeking a retail asset with minimal landlord responsibilities, the NNN structure and long-term tenancy by a nationally recognized restaurant concept are central considerations. The unit is occupied by Wingstop in a modern quick service format, with the brand’s emphasis on cooked-to-order wings, tenders, and proprietary flavors supporting ongoing operating demand. The included Year Six rent step provides embedded lease-term growth within the current 10-year agreement.
Key Highlights
- First‑generation retail building built in 2024 with a triple net (NNN) lease structure
- Unit 105 is leased to Wingstop under a new 10‑year lease
- 6.00% cap rate offering
Property Analytics
Property Profile
Current Use
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 - First-generation retail building with a NNN lease to Wingstop under a new 10-year term.
Where is this nnn property located?
The property is located at 5451 East Harmony Road Timnath, 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 2024 with a triple net (NNN) lease structure; Unit 105 is leased to Wingstop under a new 10‑year lease; 6.00% cap rate offering
