Class A Office Building at
137 BENCHMARK RD Avon, CO 81620
137 BENCHMARK RD, Avon, CO, 81620
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For Sale
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Large block office space within a mixed-use development, supported by dedicated underground and surface parking.
Property Size63,836 SF
Price / SF$297.64
Days on Market56
Property Features for 137 BENCHMARK RD
General Information
- Standard status
- Active
- Size
- 63,836 SF
- Property subtype
- Retail, Office, Mixed Use
Listing agency
Fortius Commercial Advisors
(970) 476-6415
Listed by
Erich Schmidt · License #CO FA100046892
Source
Crexi
Added: May 28 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 9:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortius Commercial Advisors
Investment Insights
Based on property information with market context.
The Seasons at Avon (“Seasons”) is a mixed-use property in the center of Avon, with 104 residential condominiums above more than 63,000 SF of gross leasable commercial space. The commercial component includes a retail promenade and office space, and the building offers large block, class A office configurations.
The property is positioned along Avon’s pedestrian mall and free bus route, serving both locals and tourists. It is steps from Beaver Creek’s Riverfront Express Gondola and is easily accessed outside of Avon via Avon Station across the street and I-70 to the north. Parking dedicated to the commercial use totals 207 spaces, including 177 underground.
For tenants and operators seeking well-configured class A office space in a walkable, amenity-rich mixed-use environment, Seasons provides a purpose-built setting with on-site retail activity and substantial dedicated parking. Current tenant activity includes local, regional, and national operators such as Vail Resorts, Slifer Smith & Frampton, East West Hospitality, Allervie Health, Aspen Grove Capital, and First Western Trust, reflecting a diversified commercial mix within the same building.
The property is positioned along Avon’s pedestrian mall and free bus route, serving both locals and tourists. It is steps from Beaver Creek’s Riverfront Express Gondola and is easily accessed outside of Avon via Avon Station across the street and I-70 to the north. Parking dedicated to the commercial use totals 207 spaces, including 177 underground.
For tenants and operators seeking well-configured class A office space in a walkable, amenity-rich mixed-use environment, Seasons provides a purpose-built setting with on-site retail activity and substantial dedicated parking. Current tenant activity includes local, regional, and national operators such as Vail Resorts, Slifer Smith & Frampton, East West Hospitality, Allervie Health, Aspen Grove Capital, and First Western Trust, reflecting a diversified commercial mix within the same building.
Key Highlights
- Mixed‑use development with 104 residential condominiums above 63,836 SF of gross leasable commercial space
- Commercial includes retail promenade and office space within a single building
- Dedicated parking for commercial: 207 spaces total, including 177 underground
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.53M | $24.00 |
| − Vacancy | −$337.1k | −$5.28 |
| EGI | $1.20M | $18.72 |
| − OpEx | −$298.8k | −$4.68 |
| NOI | $896.3k | $14.04 |
63,836 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$12.80M
$11.20M – $14.94M
NOI $896,257 @ 7.0% cap · market cap 4.72%
Second Best
Retail
$12.78M
$11.18M – $14.91M
NOI $894,676 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$17.51M
$15.32M – $20.43M
NOI $1,225,651 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Large block office space within a mixed-use development, supported by dedicated underground and surface parking.
Where is this office building located?
The property is located at 137 BENCHMARK RD Avon, CO.
What is the asking price?
The asking price for this property is $19,000,000.
What are key features of this property?
This property features: Mixed‑use development with 104 residential condominiums above 63,836 SF of gross leasable commercial space; Commercial includes retail promenade and office space within a single building; Dedicated parking for commercial: 207 spaces total, including 177 underground
