5451 E Harmony Rd Unit 103, Fort Collins, CO 80528

Property 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.