602 E Cooper Avenue 104, Aspen, CO 81611 (MLS# 180431)

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
Upper Level SqFt: No
Sub-Grade SqFt: 0

Financing Info

Start Date: 2023-10-15
Tax Year: 2022
Security Deposit: 40000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

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).

Allowable Uses

Retail: Yes

Current Use

Retail Store: Yes

Construction

Brick: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Gas

None: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Handicap Access: Yes

Heating/Cooling

Central AC: Yes
Electric: Yes

Location Amenities

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

Documents on File

Leases: Yes

Parking

Street Parking: Yes

Occupant

Tenant Occupied: 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
Site Maintenance: Yes
Trash Collection: Yes
Water: Yes

Owner Pays

Nothing: Yes
Structural Maint: Yes

Terms Offered

Cash: Yes

Possession

Negotiable: Yes

Sign

No: Yes

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

Floor Plan ›

Listing Office: Setterfield & Bright

Last Updated: September - 06 - 2024

Broker Attribution: (970) 920-1833

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