205 S Mill Street, #201

Aspen, CO 81611 / Townsite of Aspen

MLS ID# 181408 Closed
Leasehold

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Lease $275

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• Description
• Location Info
• Lease Info
• Financing Info
• Listing Info
• General Info
• Details

Description

PRIME Corner Retail Space for Lease near ''Restaurant Row'' in Aspen's central core. This very visible 1,400 SF space has many big windows, high ceilings, and pedestrian traffic. Located on one of Aspen's best shopping blocks, the Mill Street Plaza has 4 of Aspen's most popular restaurants and is situated within a block of a dozen other restaurants. This is a beautiful move-in condition space with wood floors, stone wall, fireplace & fitting rooms. This is a wonderful opportunity for a retailer in the center of Aspen's vibrant downtown shopping area. NNN Base Rent is $32,083 per month plus approx $3,383 per month for CAMs (taxes, insurance, maintenance, shared utilities & management). Total Gross Rent is approx $35,466 per month. Percentage Rent will also be required. (7% of gross sales or the base rent, whichever is more. i.e. 7% above the ''natural break''.) A winter season popup may be considered at a higher gross rent while seeking a long term tenant. PRIME Corner Retail Space for Lease near ''Restaurant Row'' in Aspen's central core. This very visible 1,400 SF space has many big windows, high ceilings, and pedestrian traffic. Located on one of Aspen's best shopping blocks, the Mill Street Plaz... show more

Location Info

• Type Leasehold
• Major Area Aspen
• Area 01-Central Core
• Street # 205
• Street Direction Pfx S
• Street Name Mill
• Street Suffix Street
• Address 2/Unit # 201
• City/Town Aspen
• State/Province CO
• Postal Code 81611

Lease Info

• Total Building SqFt 26084.00
• Unit SqFt 1400
• Ground Floor SqFt 1400
• Upper Level SqFt 0
• Sub-Grade SqFt 0
• Type of Lease NNN
• Lease $ Amount 425600

Financing Info

• Start Date 2023-11-01
• Annual Tax P/SqFt 0
• Tax Year 2022
• Total Expense PYear 0
• Security Deposit 71000
• Security $Payable To Landlord

Listing Info

• SqFt Level Yes
• SqFt Level Location Ground Floor
• Term Offered 10 years
• Landlord Name Mill Street Plaza Associates, LLC
• SB% 2
• Variable Comm True
• Flat Fee No
• Agency Exclusive Right To Lease
• Landlord is licensed Realtor No
• Member Association Aspen Association
• Annual NNN $/ per SqFt 29

General Info

• SubLoc Townsite of Aspen
• County Pitkin
• Legal CITY AND TOWNSITE OF ASPEN Block: 81 Lot: D AND:- Lot: Thru I
• Zoning CC
• Lot SqFt 18000
• Nbr of Acres 0.41
• Unit SqFt 1400
• Under Construction No
• Business Name Peruvian Conn relocating
• Inventory No
• Account # R001434
• Parcel # 273707338004
• Year Built 1982
• Year Remodeled 2018
• Directions The Mill Street Plaza is on the southwest corner of the intersection of Hopkins Avenue and Mill Street.

Details

• Allowable Uses

  Retail

• Current Use

  Retail Store

• Construction

  Brick

• Condominiumized

  No

• Substructure

  Garden Level

• Roof

  Membrane

• Condition

  Excellent

• Heating/Cooling

  Central AC, Central Heating

• Electric

  Yes

• Gas

  None

• Water

  City

• Sanitation

  Sewer

• Tenant Pays

  Annual Escalation, Building Insurance, Deposit, Electric, Exterior Maintenance, Interior Maintenance, Property Taxes, Sewer, Site Maintenance, Structural Maint, Trash, Water

• Owner Pays

  Nothing, Structural Maint

• Parking

  Street Parking

• Extras

  Fireplace, Handicap Access

• Expenses Include

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

• Location Amenities

  Corner Lot, High Traffic Loc, High Visibility

• Occupant

  Tenant Occupied, Month to Month

• Disclosures

  Excluded Tenant

• Documents on File

  Leases

• Terms Offered

  Cash

• Sign

  Yes

• Possession

  Negotiable