15 Benchmark Rd Avon, CO 81620-5436
This exceptional 18,499-square-foot freestanding office building presents a unique investment opportunity in the heart of Avon, Colorado. Situated on a 0.85-acre lot, this property enjoys unparalleled convenience, being within walking distance of Avon's vibrant amenities. These include a diverse selection of restaurants, shops, hotels, and professional services, as well as Nottingham Park. Its strategic location offers easy access to major transportation arteries, including I-70 and US Highway 6, and proximity to the Westin Riverfront Gondola. Furthermore, the property's location less than 500 feet from Avon Station provides seamless access to Eagle County's public transportation network, encompassing both local and statewide bus routes. A significant advantage is the inclusion of a new, five-year triple-net (NNN) lease for approximately 5,052 square feet on the first floor, commencing at a market rate of $27 per square foot annually. The remaining 13,447 square feet is delivered vacant, offering flexibility for the new owner. This space can be utilized for the owner's own operations, leased to other office tenants, or even converted to residential use, a permitted option under the Town Center zoning regulations. This presents a compelling blend of immediate income generation and long-term development potential in a highly desirable location. The property's prime location and versatile space make it an attractive proposition for a variety of uses and investment strategies.
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
No recorded transactions found for this property.
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.