409 Aspen Airport Business Ctr Ste K Aspen, CO 81611-3520
This exceptional 4,176 square foot commercial property, located at 409 Aspen Airport Business Center Unit K in Aspen, Colorado, presents a rare investment opportunity. The building sits on its own land, offering significant long-term value and stability. Currently occupied by a long-term tenant, this property provides immediate and consistent income generation. The existing tenant's business was recently acquired by a local group and thoroughly vetted by the previous building owner, who also owned the business. This due diligence ensures a reliable and established tenant base. The sale price reflects a 5% capitalization rate based on the current lease terms, making this an attractive investment for discerning buyers. The property's location within the Aspen Airport Business Center offers excellent visibility and accessibility. This is an ideal 1031 exchange opportunity for investors seeking a secure, high-yield asset in a prime Aspen location. The property's strong tenant history and favorable capitalization rate make it a compelling investment prospect with significant potential for future growth and appreciation. This is a truly unique opportunity to acquire a well-established commercial property in the desirable Aspen market. The property is offered at $5,700,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.