205 S Mill Street 201, Aspen, CO 81611
$275
Property Type:
Commercial Lease
Lot Size (sq. ft.):
18,000
Status:
Closed
Current Price:
$275
List Date:
10/17/2023
Last Modified:
9/06/2024
Overview
Description
Listing Details MLS# 181408
Location Info
- Type
- Leasehold
- Major Area
- Aspen
- Area
- 01-Central Core
- Original List Price
- 275
- Street #
- 205
- Street Direction Pfx
- S
- Street Name
- Mill
- Street Suffix
- Street
- Address 2/Unit #
- 201
- City/Town
- Aspen
- State/Province
- CO
- Postal Code
- 81611
Lease Info
- Total Building SqFt
- 26084.00
- Unit SqFt
- 1400
- Ground Floor SqFt
- 1400
- Asking Price
- 275
- Type of Lease
- NNN
- Lease $ Amount
- 425600
Financing Info
- Start Date
- 2023-11-01
- Tax Year
- 2022
- Security Deposit
- 71000
- Security $Payable To
- Landlord
Listing Info
- SqFt Level
- Yes
- SqFt Level Location
- Ground Floor
- Term Offered
- 10 years
- Seller/Owner is Licensed
- No
- Member Association
- Aspen Association
- Annual NNN $/ per SqFt
- 29
General Info
- Sub/Loc
- Townsite of Aspen
- County
- Pitkin
- Legal
- CITY AND TOWNSITE OF ASPEN Block: 81 Lot: D AND:- Lot: Thru I
- Zoning
- CC
- Lot SqFt
- 18000
- Nbr of Acres
- 0.41
- Under Construction
- No
- Business Name
- Peruvian Conn relocating
- Inventory
- No
- Parcel #
- 273707338004
- Year Built
- 1982
- Year Remodeled
- 2018
- Directions
- The Mill Street Plaza is on the southwest corner of the intersection of Hopkins Avenue and Mill Street.
Status Change Info
- Under Contract Date
- 2023-11-13
- Proposed Leased Date
- 2023-11-17
- Sold Date
- 2023-11-17
- Leased Price Per/SF
- 0.01
- How Leased
- Cash
More Information
Remarks
- Public Remarks
- PRIME Corner Retail Space for Lease near ''Restaurant Row'' in Aspen's central core. This very visible 1,400 SF space has many big windows, high ceilings, and pedestrian traffic. Located on one of Aspen's best shopping blocks, the Mill Street Plaza has 4 of Aspen's most popular restaurants and is situated within a block of a dozen other restaurants. This is a beautiful move-in condition space with wood floors, stone wall, fireplace & fitting rooms. This is a wonderful opportunity for a retailer in the center of Aspen's vibrant downtown shopping area. NNN Base Rent is $32,083 per month plus approx $3,383 per month for CAMs (taxes, insurance, maintenance, shared utilities & management). Total Gross Rent is approx $35,466 per month. Percentage Rent will also be required. (7% of gross sales or the base rent, whichever is more. i.e. 7% above the ''natural break''.) A winter season popup may be considered at a higher gross rent while seeking a long term tenant.
Property Features
Allowable Uses:
Retail
Current Use:
Retail Store
Construction:
Brick
Condominiumized:
No
Roof:
Membrane
Condition:
Excellent
Electric:
Yes
Gas:
None
Water:
Public
Sanitation:
Sewer
Tenant Pays:
Annual Escalation; Building Insurance; Deposit; Electricity; Exterior Maintenance; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Structural Maint; Trash Collection; Water
Owner Pays:
Nothing; Structural Maint
Parking:
Street Parking
Extras:
Fireplace; Handicap Access
Expenses Include:
Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Electric; Unit Heat; Water
Location Amenities:
Corner Lot; High Traffic Loc; High Visibility
Occupant:
Tenant Occupied; Month to Month
Disclosures:
Excluded Tenant
Documents on File:
Leases
Terms Offered:
Cash
Sign:
Yes
Possession:
Negotiable
Documents
Floor Plan ›
Listing Office:
Setterfield & Bright
Last Updated: September - 06 - 2024
Broker Attribution:
(970) 920-1833
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