720 E Durant Avenue E-5 & E-6, Aspen, CO 81611 (MLS# 167775)

720 E Durant Avenue E-5 & E-6, Aspen, CO 81611

$42.50

Property Type: Commercial Lease Status: Closed

Current Price: $42.50 List Date: 12/07/2020 Last Modified: 9/05/2024

Overview

Description

GREAT PROFESSIONAL OFFICE SPACE - Very well located MUST SEE 2nd floor office space with elevator access facing north with views of Red Mountain and Smuggler Mountain just one block east of the Gondola. EXCELLENT OPTION FOR LAW FIRM OR OTHER PROFESSIONAL OFFICES. This space has four (4) large private offices, large work room, open main hallway and a new modern kitchen area. Newly renovated common area and restrooms completed in 2017. The base rent is $42.50/SF ($5,798 per month), plus an estimated $21/SF in CAM & RE taxes ($2,865 per month) for a total monthly rent of $8,663. Underground garage parking spaces are also available for an additional $575 per month.

Listing Details MLS# 167775

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 42.5
Street #: 720
Street Direction Pfx: E
Street Name: Durant
Street Suffix: Avenue
Address 2/Unit #: E-5 & E-6
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 10000.00
Unit SqFt: 1637
Upper Level SqFt: 1637
Asking Price: 42.5
Type of Lease: NNN

Financing Info

Annual Tax P/SqFt: 5.46
Tax Year: 2019
Total Expense P/Year: 21
Security $Payable To: Management Company
Security Deposit: 0

Listing Info

Member Association: Aspen Association

General Info

Sub/Loc: Durant Mall Condo
County: Pitkin
Legal: Subdivision: DURANT MALL - AMENDED Unit: E-5
Zoning: Mixed Use
Under Construction: No
Parcel #: 273718242020
Year Built: 1975
Year Remodeled: 2017
Directions: This office space is located on the 2nd floor of the East Building of 720 East Durant Avenue next to City Market between Spring and Original Streets. The entrance to the elevator is located on the plaza next to Euflora.

Status Change Info

Under Contract Date: 2022-04-29
Proposed Leased Date: 2022-05-01
Sold Date: 2022-05-01
How Leased: Cash
Leased Price Per/SF: 0

More Information

Remarks

Public Remarks: GREAT PROFESSIONAL OFFICE SPACE - Very well located MUST SEE 2nd floor office space with elevator access facing north with views of Red Mountain and Smuggler Mountain just one block east of the Gondola. EXCELLENT OPTION FOR LAW FIRM OR OTHER PROFESSIONAL OFFICES. This space has four (4) large private offices, large work room, open main hallway and a new modern kitchen area. Newly renovated common area and restrooms completed in 2017. The base rent is $42.50/SF ($5,798 per month), plus an estimated $21/SF in CAM & RE taxes ($2,865 per month) for a total monthly rent of $8,663. Underground garage parking spaces are also available for an additional $575 per month.

Allowable Uses

Business w/o RE: Yes
Business w/RE: Yes
Office: Yes
Retail: Yes

Current Use

Office Building: Yes
Retail Store: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Gas

Natural Gas: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Elevator: Yes
Fire Alarm: Yes
Handicap Access: Yes
High Speed Available: Yes
Kitchen Area: Yes
Management: Yes
Restrooms: Yes

Heating/Cooling

Baseboard: Yes
Central Heating: Yes
Electric: Yes
Evaporative Cooling: Yes
Gas: Yes

Location Amenities

High Visibility: Yes
View: Yes

Documents on File

CC & R's: Yes

Parking

1 - 5 Spaces: Yes

Occupant

Vacant: Yes

Tenant Pays

Annual Escalation: Yes
Association Fees: Yes
Electricity: Yes
Property Taxes: Yes

Expenses Include

Grounds Maintenance: Yes
Insurance: Yes
Management: Yes
Sewer: Yes
Snow Removal: Yes
Trash: Yes
Unit Electric: Yes
Unit Heat: Yes
Water: Yes

Sign

Yes: Yes

Amenities

Bus/Shuttle Service: Yes
Pets Allowed/Owner: Yes
Pets Allowed/Renter: Yes

Property Features

Allowable Uses: Business w/o RE; Business w/RE; Office; Retail Current Use: Office Building; Retail Store Condominiumized: Yes Condition: Excellent Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Electricity; Property Taxes Parking: 1 - 5 Spaces Access: Paved Extras: Elevator; Fire Alarm; Handicap Access; High Speed Available; Kitchen Area; Management; Restrooms Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Electric; Unit Heat; Water Amenities: Bus/Shuttle Service; Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: High Visibility; View Occupant: Vacant Documents on File: CC & R's Sign: Yes

Documents

Durant East Bldg Floor Plan ›

Suite E-5 / E-6 Floor Plan ›

Listing Office: Coldwell Banker Mason Morse-Aspen

Last Updated: September - 05 - 2024

Broker Attribution: (970) 925-7000

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