400 E Cooper Avenue 2, Aspen, CO 81611 (MLS# 180752)

400 E Cooper Avenue 2, Aspen, CO 81611

Property Type: Commercial Lease Status: Closed

Current Price: $4 List Date: 8/24/2023 Last Modified: 9/06/2024

Overview

Description

Newly remodeled interior and exterior retail location with 2101sf with 10ft ceilings and on grade entrance. Delivered in a white box condition with all new windows and it's own double door entrance. There's an available TI package. The base rent is $65,656.25 and the NNN is $6200 a month. The gross rent per month is $71,856.25 with 4% annual escalations. Long term tenants only.

Listing Details MLS# 180752

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 375
Street #: 400
Street Direction Pfx: E
Street Name: Cooper
Street Suffix: Avenue
Address 2/Unit #: 2
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 7700.00
Asking Price: 375
Type of Lease: NNN
Lease $ Amount: TBD

Financing Info

Start Date: 2023-08-24
Tax Year: 23
Security Deposit: 200000
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: No
Seller/Owner is Licensed: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 35

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Zoning: CC
Under Construction: Yes
Parcel #: 273718297002
Directions: Located on the corner of Cooper Ave and Mill St next to Wagner park.

Status Change Info

Under Contract Date: 2024-06-21
Proposed Leased Date: 2024-06-25
Sold Date: 2024-06-25
How Leased: Cash
Leased Price Per/SF: 0

More Information

Remarks

Public Remarks: Newly remodeled interior and exterior retail location with 2101sf with 10ft ceilings and on grade entrance. Delivered in a white box condition with all new windows and it's own double door entrance. There's an available TI package. The base rent is $65,656.25 and the NNN is $6200 a month. The gross rent per month is $71,856.25 with 4% annual escalations. Long term tenants only.

Allowable Uses

Retail: Yes

Current Use

Retail Store: Yes

Construction

Frame: Yes
Steel Frame: Yes
Stucco: Yes

Access

Paved: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Excellent: Yes
New: Yes

Basement/Substructure

Slab: Yes

Gas

Natural Gas: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Elevator: Yes

Heating/Cooling

Electric: Yes

Mineral Rights

No: Yes

Parking

None: Yes

Occupant

Vacant: Yes

Tenant Pays

Annual Escalation: Yes
Building Insurance: Yes
Deposit: Yes
Electricity: Yes
Interior Maintenance: Yes
Property Taxes: Yes
Sewer: Yes
Site Maintenance: Yes
Trash Collection: Yes
Water: Yes

Owner Pays

Structural Maint: Yes

Terms Offered

Cash: Yes

Expenses Include

Grounds Maintenance: Yes
Management: Yes
Sewer: Yes
Snow Removal: Yes
Trash: Yes
Water: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Frame; Steel Frame; Stucco Condominiumized: No Roof: Membrane Condition: New; Excellent Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electricity; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Structural Maint Parking: None Access: Paved Extras: Elevator Expenses Include: Grounds Maintenance; Management; Sewer; Snow Removal; Trash; Water Occupant: Vacant Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes

Documents

Floor Plan ›

Listing Office: Avenue Aspen

Last Updated: September - 06 - 2024

Broker Attribution: (516) 213-8626

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