Ground-Level Retail/Office
90 Benchmark Road #104 105 Avon, CO 81620
90 Benchmark Road #104 105, Avon, CO, 81620
$1,500,000
For Sale
$1,500,000
Ground-level suites with formal reception, multiple private offices, conference room, and restrooms, plus four underground parking spaces.
Property Size3,749 SF
Price / SF$400.11
Days on Market87
Property Features for 90 Benchmark Road #104 105
General Information
- Standard status
- Active
- Size
- 3,749 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
FORTIUS COMMERCIAL ADVISORS
(970) 476-6415
Listed by
MARK ZBRZEZNJ
Source
Corcoran
Added: Apr 27 Updated: Jul 21 at 7:25PM Checked: Jul 21 at 7:25PM
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.
Available for sale are two ground-level retail/office suites within Avon’s office complex, Avon Town Square (ATS). The combined space totals 3,749 square feet and is configured with a formal reception area, conference room, 15 private offices, four workstations, and men’s and women’s restrooms. Additional interior components include copy and tech rooms and a kitchen, along with four underground parking spaces.
ATS is designed to support convenient guest and tenant access, with parking on-site and connectivity to I-70. The property is positioned within a broader mix of lodging, restaurants, and retail offerings, and the complex notes winter lift access via the Westin Riverfront Village to Beaver Creek Resort.
Flexible zoning at ATS is referenced as allowing retail, office, and residential uses, and the property remarks note conversions from office to residential by prior ATS owners. Current leasing details reference an expiration date of 9/30/26, with direction not to disturb the tenant.
ATS is designed to support convenient guest and tenant access, with parking on-site and connectivity to I-70. The property is positioned within a broader mix of lodging, restaurants, and retail offerings, and the complex notes winter lift access via the Westin Riverfront Village to Beaver Creek Resort.
Flexible zoning at ATS is referenced as allowing retail, office, and residential uses, and the property remarks note conversions from office to residential by prior ATS owners. Current leasing details reference an expiration date of 9/30/26, with direction not to disturb the tenant.
Key Highlights
- 1999‑built ground‑level retail/office space in Avon Town Square (ATS) in Avon's premier office complex
- Two available units totaling 3,749 sq. ft. with formal reception, conference room, and 15 private offices
- 4 workstations plus m/f restrooms, copy/tech rooms, and kitchen included
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 | $90.0k | $24.00 |
| − Vacancy | −$19.8k | −$5.28 |
| EGI | $70.2k | $18.72 |
| − OpEx | −$17.5k | −$4.68 |
| NOI | $52.6k | $14.04 |
3,749 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$751.9K
$658.0K – $877.3K
NOI $52,636 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$750.6K
$656.8K – $875.7K
NOI $52,543 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.03M
$899.8K – $1.20M
NOI $71,981 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Ground-level suites with formal reception, multiple private offices, conference room, and restrooms, plus four underground parking spaces.
Where is this office units located?
The property is located at 90 Benchmark Road #104 105 Avon, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1999‑built ground‑level retail/office space in Avon Town Square (ATS) in Avon's premier office complex; Two available units totaling 3,749 sq. ft. with formal reception, conference room, and 15 private offices; 4 workstations plus m/f restrooms, copy/tech rooms, and kitchen included
