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$ 1,376,400
Est. payment /mo
Active
5451 E Harmony #103 Fort Collins, CO 80528
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Riverbend Bldg 1 Condo
MLS Listing ID IRE1060796
HOA Y/N No
Year Built 2023
Annual Tax Amount $58,681
Tax Year 2025
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 NNN lease, providing investors with minimal landlord responsibilities and predictable income.The property is leased to a nationally operating tenant under a new 10 year lease, commencing February 6, 2026 and expiring February 5, 2036. The asset is offered at a 6.00% cap rate and benefits from 2.50% annual rent escalations throughout the lease term, providing built in income growth. This investment offers a combination of long term lease security, attractive yield, and modern construction.Back Nine is a nationally recognized indoor golf simulator concept offering a technology driven golf experience for players of all skill levels. The tenant operates within a broader network of Back Nine locations across the United States, benefiting from brand recognition, standardized operations, and a proven membership-based model. Back Nine provides golfers with realistic, course-like simulation and performance analytics in a controlled, weather independent environment. The concept supports both individual use and group demand, including private events and corporate bookings, driving repeat visitation and diversified revenue. Two other neighboring investment properties in Units 105 and 109 are also available. Please fill out the Confidentiality Agreements and send to to receive the requested brochure.
Location
State CO
County Larimer
Community Riverbend Bldg 1 Condo
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 false
Others
Special Listing Condition Private Owner
Listed by Jon Rue
Nearby Locations
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