Freestanding Retail Building with
For Sale
$1,395,000
Pending
50 Chambers Avenue #BLDG A Eagle, Eagle, CO 81631
5,121 SF retail and office building with ample parking.
Property Size5,121 SF
Lot Size0.69 Acres
Days on Market352
Property Features for 50 Chambers Avenue #BLDG A Eagle
General Information
Standard status
Pending
Size
5,121 SF
Lot size
0.69 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$27,377
Amenities
Aboveground
Forced Air Heating
Building Details
Year Built
2004
Listing Agency:
FORTIUS COMMERCIAL ADVISORS
(970) 476-6415
Listed By:
ERICH SCHMIDT · License #FA100046892
Source:
Corcoran
Added: Aug 26, 2025
Changed: Aug 8
Last Checked: Aug 8 at 11:59AM
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 property at 50 Chambers Avenue is a 5,121 square foot freestanding retail building located near I-70 Exit 147 in Eagle, CO. Of the total square footage, 3,731 square feet is built out as a retail bank branch, featuring a dedicated drive-thru. The remaining 1,390 square feet is traditional office space leased through April 2027. The property includes over 60 parking spaces. The building is situated within the Eagle Crossing Shopping Center, a retail development constructed in 2003. The shopping center includes approximately 43,000 square feet of retail and office space and features a bowling alley, pizzeria, Mexican restaurant, athletic club, and other businesses. The subject property is a freestanding building adjacent to Eagle Diner, located on the corner of Chambers Ave and Eby Creek Road. Current zoning is Eagle Interchange South - PUD, allowing for commercial uses such as retail, professional office, financial services, real estate offices, personal services, food and beverage establishments, medical facilities, indoor recreation, and entertainment.
Key Highlights
- Freestanding retail building featuring a retail bank branch (3,731 SF) and office space (1,390 SF).
- Office space is currently leased through April 2027, providing immediate income.
- Located in the Eagle Crossing Shopping Center, near I‑70 Exit 147.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,899
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,980
$1.5M
Cap Rate 7%
$1,098,557
$1.1M
Cap Rate 9%
$854,433
$854.4K
Market Conditions
NOI Build-Up for 5,121 SF
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.
Gross rent
$108.2K $21.12/SF
− Vacancy
−$5.6K −$1.10/SF
EGI
$102.5K $20.02/SF
− OpEx
−$25.6K −$5.01/SF
NOI
$76.9K $15.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,537,980
Cap Rate 7%
$1,098,557
Cap Rate 9%
$854,433
Alternative Uses
Best Use
Specialty Retail
$1.10M
$961.2K – $1.28M
NOI $76,899 @ 7.0% cap · market cap 5.51%
Second Best
Office B
$1.03M
$898.7K – $1.20M
NOI $71,899 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,323 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 81631, CO
9,017
Population
3,137
Households
2.9
Avg Household Size
39
Median Age
52%
College-Educated
93%
High-School Grad
220.4 sq mi
ZIP Area
41
Density / Sq Mi
$104,430
Median Household Income
$54,994
Median Earnings
$1,685
Median Rent
$717,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - 5,121 SF retail and office building with ample parking.
Where is this bank located?
The property is located at 50 Chambers Avenue #BLDG A Eagle Eagle, CO.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Freestanding retail building featuring a retail bank branch (3,731 SF) and office space (1,390 SF).; Office space is currently leased through April 2027, providing immediate income.; Located in the Eagle Crossing Shopping Center, near I‑70 Exit 147.
