All Aspen Real Estate

Listed at $4,275,000.00
Location: Aspen
Type: Commercial
MLS: 156881
Sq Ft: 6943
Acres: 0.15
Built in 1979

Rare investment opportunity at the Airport Business Center which includes the land, not on a land lease. The building sits on a 16,620 SF lot complete with 26 parking spaces and great hwy 82 frontage. CURRENT TENANT IS STAYING AND COMMITTING TO A 5 YEAR LEASE WITH A 5 YEAR OPTION. Net operating income of $240,000 in year one with 3% maximum annual increases, expenses paid by Tenant (NNN-taxes, insurance, CAMs (excluding HVAC and structure). Original Aspen train station which was relocated in the late 70s and has since been remodeled down to the studs with a new electrical and HVAC system (property has no historical designation).