6
See all 6 photos
$1,266,667
Est. payment /mo
0.28 Acres Lot
Active
5451 E Harmony #105 Timnath, CO 80547
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Riverbend Building 1
MLS Listing ID IRE1060848
HOA Y/N No
Year Built 2023
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Retail
Source ires
Property Description
The offering features a first generation retail building secured by a triple net (NNN) lease, providing investors with minimal landlord responsibilities and predictable cash flow. Unit 105 is leased to Wingstop, a nationally recognized fast casual restaurant brand, under a new 10 year lease commencing October 1, 2026 and expiring September 30, 2036. The asset is offered at a 6.00% cap rate and features a 10% rent increase in Year Six, providing embedded income growth during the lease term.This investment offers long term lease security, an attractive yield, and exposure to a well established national tenant occupying a modern retail space. Wingstop is situated just off East Harmony Road, a major east-west arterial serving Northern Colorado and one of the region's most heavily trafficked retail corridors. The surrounding area features a dense concentration of national retailers, daily needs uses, and destination shopping, including Walmart, Target, Costco, and other major national brands. The corridor benefits from strong daytime population, consistent traffic counts, and regional draw from Fort Collins, Loveland, and surrounding communities-supporting high volume quick service restaurant demand. Please fill out the Confidentiality Agreements and send to to receive the requested brochure.
Location
State CO
County Larimer
Community Riverbend Building 1
Area Fort Collins
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Roof Type Flat
Improvements No
Garage No
Building
Sewer Public Sewer
Water District
Structure Type Other
New Construction true
Others
Special Listing Condition Private Owner
Listed by Jon Rue
NEARBY SCHOOL & BUSINESS