203 S Galena Street, Aspen, CO 81611
Property Type: Commercial Leasehold Status: Active
Current Price: $175 List Date: 8/11/2022 Last Modified: 9/23/2022
Iconic street-presence and rarely available. This space is highly sought after because of its prime location in the historic Brand Building on Galena Street. With 4,076 SF on three levels (1,015 SF on the Upper-Level, 2,416 on the Street-Level, and 645 SF on the Lower-Level), high ceilings, lots of light, big windows, and so much more. This space is available for a long-term lease starting July 1, 2023. The overall blended NNN Base Rent is $175 per SF = $59,442 per month plus approx $42 per SF for CAMs (taxes, insurance, utilities, maintenance, management, etc.) Total Gross rent is approx $73,708 per month and tenant also pays its own separate electric meter for the space.
More Information MLS# 176432
Current Price: $175 Type: Leasehold Major Area: Aspen Area: 01-Central Core Original List Price: 175 Street #: 203 Street Direction Pfx: S Street Name: Galena Street Suffix: Street City/Town: Aspen State/Province: CO Postal Code: 81611
Total Building SqFt: 0.00 Unit SqFt Range: 3,001 - 5,000 Ground Floor SqFt: 2416 Upper Level SqFt: 1015 Sub-Grade SqFt: 645 Gross Monthly Rent: 73708 Asking Price: 175 Type of Lease: NNN
Listing Date: 2022-08-01 Short Sale: No REO: No Foreclosure: No Member Association: Aspen Association
Sub/Loc: Townsite of Aspen County: Pitkin Legal: BRAND BUILDING Units: 4 & 6 Zoning: CC Unit SqFt: 4076 Under Construction: No Tenant Pays: Base Rent +tax +cams Business Name: Gucci is relocating Inventory: No Parcel #: 273707346006 Year Built: 1888 Year Remodeled: 2012 Directions: The Brand Building is on the corner of Galena Street and Hopkins Avenue and the space is between Dior and The Baldwin Gallery in downtown Aspen.
Metro Tax District: No Tax Year: 2021 Security Deposit: 150000 Security $Payable To: Landlord
Status Change Info
Allowable Uses: Retail Construction: Brick; Stone Condominiumized: Yes Substructure: Finished Basement Roof: Membrane Condition: Excellent Heating/Cooling: Central AC; Forced Air Electric: Yes Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electric; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking; None Access: Paved Extras: Storage Expenses Include: Contingency Fund; Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Heat; Water Location Amenities: Corner Lot; High Traffic Loc; High Visibility; View Current Use: Retail Store Occupant: Tenant Occupied; 1 Month to 1 Year Documents on File: Leases Terms Offered: Cash Sign: No Possession: Negotiable
Listing Office: Setterfield & Bright
Last Updated: September - 23 - 2022
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