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431 E Hopkins Ave
647 SF of 4-Star Retail Space Available in Aspen, CO 81611
Highlights
- Heavy Foot Traffic
- Adjacent to Luxury Retail and Restaurant
- Lots of Windows
- Caribou Alley
- Downtown Aspen
- Private Bathroom
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 647 SF | Negotiable | $167.00 /SF/YR $13.92 /SF/MO $1,798 /m²/YR $149.80 /m²/MO $9,004 /MO $108,049 /YR | Triple Net (NNN) |
1st Floor
Prime street-level retail space on East Hopkins Avenue, between Buccellati and Chrome Hearts in the historic Collins Block Building. This small space is unique with windows on Caribou Alley. Adjacent to many luxury retailers and close to restaurants. With 647 SF, the NNN Base Rent is $9,000 per month plus taxes & CAMs of approximately $2,157 per month. Total Gross Rent is $11,160 per month plus separate electric expense. Includes bathroom in the back of the space. This space is available NOW.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 431 E Hopkins Ave, Aspen, CO 81611
- Buccellati
- Chrome Hearts
- Etc.
- Frette
- Yves Salomon
- Zadig & Voltaire
PROPERTY FACTS FOR 431 E Hopkins Ave , Aspen, CO 81611
| Property Type | Retail | Gross Leasable Area | 15,348 SF |
| Property Subtype | Freestanding | Year Built | 1995 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,348 SF |
| Year Built | 1995 |
About the Property
Prime, beautiful, street-level retail space on East Hopkins Avenue, between Buccellati and the Caribou Club in the historic Collins Block Building. This small space is unique with many windows on Caribou Alley. Adjacent to many luxury retailers and close to restaurant row. With 647 SF, the NNN Base Rent is $9,000 per month plus Taxes & CAMs of approximately $2,000 per month. Total Gross Rent is $11,000 per month plus separate electric expense. Includes private bathroom in the back of the space. Available NOW for new tenant to complete remodel in process with new decor and fixtures.
-
Angi Wang -
Alma Garrett -
Setterfield & Bright
Presented by
431 E Hopkins Ave
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