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400 E Cooper Avenue, 1, Aspen, CO 81611
$100
Property Type:
Commercial Leasehold
Status:
Active
Current Price:
$100
List Date:
8/24/2023
Last Modified:
2/27/2024
Description
A great corner location on Cooper Ave, with Casa Tua and the soon to be RH gallery and restaurant as your co-tenants. The interior is being delivered in a white box with 10ft ceilings for an amazing F&B concept that will enjoy all of the foot traffic that passes in front of this location. A TI package available for the right tenant. Long-term lease only. The base rent is $28,183 and the NNN is $9865. the gross monthly rent is $38,048 with 4% annual escalations.
More Information MLS# 180751
Location Info
Current Price: $100
Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 100
Street #: 400
Street Direction Pfx: E
Street Name: Cooper
Street Suffix: Avenue
Address 2/Unit #: 1
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Lease Info
Total Building SqFt: 7700.00
Unit SqFt: 3382
Asking Price: 100
Type of Lease: NNN
Lease $ Amount: TBD
Financing Info
Start Date: 2023-08-24
Tax Year: 23
Security Deposit: 140000
Listing Info
SqFt Level: No
Listing Date: 2023-08-24
Landlord is licensed Realtor: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 35
General Info
Sub/Loc: Townsite of Aspen
County: Pitkin
Zoning: CC
Under Construction: Yes
Inventory: No
Parcel #: 273718297001
Year Built: 1958
Year Remodeled: 1985
Directions: The building is located on the corner of Cooper Ave and Mill St right next to Wagner park and Aspen Sports.
Status Change Info
Status: Active
Remarks
Public Remarks: A great corner location on Cooper Ave, with Casa Tua and the soon to be RH gallery and restaurant as your co-tenants. The interior is being delivered in a white box with 10ft ceilings for an amazing F&B concept that will enjoy all of the foot traffic that passes in front of this location. A TI package available for the right tenant. Long-term lease only. The base rent is $28,183 and the NNN is $9865. the gross monthly rent is $38,048 with 4% annual escalations.
Property Features
Allowable Uses: Restaurant/Bar
Current Use: Entertainment; Restaurant
Construction: Frame; Poured Concrete; Steel/Metal; Stucco
Condominiumized: No
Substructure: Slab
Roof: Membrane
Condition: New; Excellent
Heating/Cooling: Central AC; Central Heating; Electric; Gas; Hot Water
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electric; Gas; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash; Water
Owner Pays: Structural Maint
Parking: None
Access: Paved
Extras: Elevator
Expenses Include: Trash
Location Amenities: High Traffic Loc
Occupant: Vacant
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: Yes
Possession: Subject to Lease
Documents
Listing Office: Avenue Aspen
Last Updated: February - 27 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
(516) 213-8626
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
ALL RIGHTS RESERVED WORLDWIDE
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.