602 E Cooper Avenue 104, Aspen, CO 81611

$337
Property Type: Commercial Lease Lot Size (sq. ft.): 12,795 Status: Closed
Current Price: $337 List Date: 8/02/2023 Last Modified: 9/06/2024

Overview

Description

This beautiful 625 SF retail space has high ceilings and large windows facing South and East with an entrance from the restaurant patio area. This is a perfect small retail space, less than 2 blocks to the Gondola for skiing. Available mid October 2023. NNN Base Rent starts at $270 per SF plus CAMs, at approx $37 per SF including taxes, insurance, shared utilities, maintenance, & management for a Total Monthly Gross Rent of about $16,000 per month. Tenant is also required to pay percentage rent: calculated as 7% of gross sales or the Base Rent, whichever is more (i.e. 7% of gross sales above the natural break threshold).

Listing Details MLS# 180431

Location Info

Type
Leasehold
Major Area
Aspen
Area
01-Central Core
Original List Price
270
Street #
602
Street Direction Pfx
E
Street Name
Cooper
Street Suffix
Avenue
Address 2/Unit #
104
City/Town
Aspen
State/Province
CO
Postal Code
81611

Lease Info

Total Building SqFt
16029.00
Unit SqFt
625
Ground Floor SqFt
625
Asking Price
270
Type of Lease
NNN
Lease $ Amount
$168,750

Financing Info

Start Date
2023-10-15
Tax Year
2022
Security Deposit
40000
Security $Payable To
Landlord

Listing Info

SqFt Level
No
Term Offered
10 years
Seller/Owner is Licensed
No
Member Association
Aspen Association
Annual NNN $/ per SqFt
37

General Info

Sub/Loc
Townsite of Aspen
County
Pitkin
Legal
CITY AND TOWNSITE OF ASPEN Block: 100 Lot: K AND:- Lot: Thru O PT OF K-O: retail space at 316 S Hunter Street
Zoning
C-1 Commercial
Lot SqFt
12795
Nbr of Acres
0.29
Under Construction
No
Business Name
GoldenBough is relocating
Inventory
No
Parcel #
273718225005
Year Built
1987
Year Remodeled
2013
Directions
On Cooper Avenue between Hunter Street and Spring Street. Next to Mezzaluna Restaurant and Maximillian Gallery, in the Hunter Plaza Building.

Status Change Info

Under Contract Date
2023-09-01
Proposed Leased Date
2023-10-11
Sold Date
2023-10-11
Leased Price Per/SF
0.02
How Leased
Cash

More Information

Remarks

Public Remarks
This beautiful 625 SF retail space has high ceilings and large windows facing South and East with an entrance from the restaurant patio area. This is a perfect small retail space, less than 2 blocks to the Gondola for skiing. Available mid October 2023. NNN Base Rent starts at $270 per SF plus CAMs, at approx $37 per SF including taxes, insurance, shared utilities, maintenance, & management for a Total Monthly Gross Rent of about $16,000 per month. Tenant is also required to pay percentage rent: calculated as 7% of gross sales or the Base Rent, whichever is more (i.e. 7% of gross sales above the natural break threshold).

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; Association Fees; Building Insurance; Deposit; Electricity; Exterior Maintenance; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking Extras: Handicap Access Location Amenities: Corner Lot; High Traffic Loc; High Visibility Occupant: Tenant Occupied Disclosures: Excluded Tenant Documents on File: Leases Terms Offered: Cash Sign: No Possession: Negotiable

Documents

IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 06 - 2024
Broker Attribution: (970) 920-1833

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