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5451 E Harmony Rd 103Fort Collins, CO 80528

Riverbend Bldg 1 Condo · Larimer County

$1,376,400List price
2,294Sq Ft
2023Year built
0.28Acre lot
5 months agoOn market

Description

Single Tenant Net Lease Investment Opportunity: Back Nine. 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.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
2023
Building area
2,294 Sq Ft
Lot size
0.28 acres
Zoning
Commercial
Days on market
153
MLS® Listing#
1060796

Property Features

Cooling
Central Air
Heating
Forced Air
Construction
Other
Roof
Flat
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$58,681Tax year 2025
Parcel number
R1686760

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