405 E Cooper Avenue, Aspen, CO 81611 (MLS# 173668)

405 E Cooper Avenue, Aspen, CO 81611

$208

Property Type: Commercial Lease Status: Closed

Current Price: $208 List Date: 2/14/2022 Last Modified: 9/06/2024

Overview

Description

Prime retail space on the Cooper Avenue Pedestrian Mall with 1,481 SF @ $195/SF on the street-level and 520 SF of lower-level office/storage space @ $50/SF. Next to Starbucks, Wagner Park, and close to the Gondola & skiing. Beautiful space with good windows, high ceilings, A/C, bathroom and storage. Available September 1, 2022. Blended NNN Base Rent is $157 per SF = $26,232 per month plus approx $25 per SF for CAMs (taxes, insurance, utilities, maintenance, management, etc.) Total Gross rent is approx $30,350 per month. Percentage Rent also may be required as a percentage of gross sales against the natural breakpoint.

Listing Details MLS# 173668

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 195
Street #: 405
Street Direction Pfx: E
Street Name: Cooper
Street Suffix: Avenue
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 0.00
Unit SqFt: 1481
Ground Floor SqFt: 1,481
Sub-Grade SqFt: 520
Asking Price: 195
Type of Lease: NNN
Upper Level SqFt: No

Financing Info

Tax Year: 2021
Security Deposit: 61000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

Member Association: Aspen Association

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Subdivision: CITY AND TOWNSITE OF ASPEN Block: 90 Lot: A AND:- Lot: Thru C ALL THAT PORTION OF LOTS LETTERED A B & C IN
Zoning: CC
Under Construction: No
Business Name: The North Face relocating
Inventory: No
Parcel #: 273718221002
Year Built: 1956
Directions: Corner building on Mill Street and Cooper Avenue next to Starbucks on the Cooper Avenue Pedestrian Mall.

Status Change Info

Under Contract Date: 2022-03-03
Proposed Leased Date: 2022-09-01
Sold Date: 2022-09-01
How Leased: Cash

More Information

Remarks

Public Remarks: Prime retail space on the Cooper Avenue Pedestrian Mall with 1,481 SF @ $195/SF on the street-level and 520 SF of lower-level office/storage space @ $50/SF. Next to Starbucks, Wagner Park, and close to the Gondola & skiing. Beautiful space with good windows, high ceilings, A/C, bathroom and storage. Available September 1, 2022. Blended NNN Base Rent is $157 per SF = $26,232 per month plus approx $25 per SF for CAMs (taxes, insurance, utilities, maintenance, management, etc.) Total Gross rent is approx $30,350 per month. Percentage Rent also may be required as a percentage of gross sales against the natural breakpoint.

Allowable Uses

Retail: Yes

Current Use

Retail Store: Yes

Construction

Brick: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Restrooms: Yes
Storage: Yes

Heating/Cooling

Central AC: Yes
Central Heating: Yes

Location Amenities

Corner Lot: Yes
High Traffic Loc: Yes
High Visibility: Yes
View: Yes

Mineral Rights

No: Yes

Documents on File

Leases: Yes

Parking

Street Parking: Yes
None: Yes

Occupant

Tenant Occupied: Yes
1 Month to 1 Year: Yes

Tenant Pays

Annual Escalation: Yes
Association Fees: Yes
Building Insurance: Yes
Deposit: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Interior Maintenance: Yes
Property Taxes: Yes
Sewer: Yes
Structural Maint: Yes
Trash Collection: Yes
Water: Yes

Owner Pays

Nothing: Yes
Structural Maint: Yes

Terms Offered

Cash: Yes

Possession

Subject to Lease: Yes

Sign

No: Yes

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Brick Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electricity; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Structural Maint; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking; None Extras: Restrooms; Storage Location Amenities: Corner Lot; High Traffic Loc; High Visibility; View Occupant: Tenant Occupied; 1 Month to 1 Year Documents on File: Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Subject to Lease

Documents

Floor Plan ›

Listing Office: Setterfield & Bright

Last Updated: September - 06 - 2024

Broker Attribution: (970) 920-1833

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