406 S Galena Street, Aspen, CO 81611

$160
Property Type: Commercial Lease Status: Closed
Current Price: $160 List Date: 10/02/2017 Last Modified: 9/05/2024

Overview

Description

Prime street-level 719 SF retail space Currently ''SQN Sport''. Next to Belly Up, Polo Ralph Lauren, one block from the Gondola & skiing. Beautiful space with good windows, high ceilings, A/C and a bathroom in the back. Available May 1, 2018. Base rent is $160 per SF $9,587 per month plus $21 per SF for CAMs. Total Gross rent is $10,845 per month, plus tenant pays separate electric. Percentage rent is 7% of annual gross sales or the base rent, whichever is more.

Listing Details MLS# 149913

Location Info

Type
Leasehold
Major Area
Aspen
Area
01-Central Core
Original List Price
160
Street #
406
Street Direction Pfx
S
Street Name
Galena
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611

Lease Info

Total Building SqFt
719
Unit SqFt
719
Asking Price
160
Type of Lease
NNN

Financing Info

Tax Year
2016
Security Deposit
22000
Security $Payable To
Landlord
Annual Tax P/SqFt
0

Listing Info

Member Association
Aspen Association

General Info

Sub/Loc
Independence Square
County
Pitkin
Legal
Unit 5 Independence Building
Zoning
CC
Under Construction
No
Business Name
SQN has relocated
Parcel #
273718248032
Year Built
1889
Year Remodeled
2015
Directions
Corner of Cooper Avenue and Galena Street on Galena Mall next to the entrance to the Independence Square Hotel.

Status Change Info

Under Contract Date
2017-10-20
Proposed Leased Date
2017-11-16
Sold Date
2017-11-16
How Leased
Cash
Leased Price Per/SF
0

More Information

Remarks

Public Remarks
Prime street-level 719 SF retail space Currently ''SQN Sport''. Next to Belly Up, Polo Ralph Lauren, one block from the Gondola & skiing. Beautiful space with good windows, high ceilings, A/C and a bathroom in the back. Available May 1, 2018. Base rent is $160 per SF $9,587 per month plus $21 per SF for CAMs. Total Gross rent is $10,845 per month, plus tenant pays separate electric. Percentage rent is 7% of annual gross sales or the base rent, whichever is more.

Allowable Uses

Retail
Yes

Current Use

Retail Store
Yes

Construction

Brick
Yes
Stone
Yes

Condominiumized

Yes
Yes

Electric

Yes
Yes

Condition

Excellent
Yes

Basement/Substructure

Finished
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Heating/Cooling

Central AC
Yes
Electric
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes

Documents on File

Leases
Yes

Parking

Street Parking
Yes
None
Yes

Occupant

Tenant Occupied
Yes
1 Month to 1 Year
Yes

Disclosures

Excluded Tenant
Yes

Tenant Pays

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

Terms Offered

Cash
Yes

Possession

Negotiable
Yes

Expenses Include

Grounds Maintenance
Yes
Insurance
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Unit Heat
Yes
Water
Yes

Sign

No
Yes

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Brick; Stone Condominiumized: Yes Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electricity; Exterior Maintenance; Interior Maintenance; Property Taxes; Sewer; Trash Collection; Water Parking: Street Parking; None Expenses Include: Grounds Maintenance; Insurance; Sewer; Snow Removal; Trash; Unit Heat; Water Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied; 1 Month to 1 Year 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 - 05 - 2024
Broker Attribution: (970) 920-1833

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