15 Benchmark Rd Avon, CO 81620

Property Details for 15 Benchmark Rd

Year built

1994

Lot size

0.85 lot acres

Property size

18,499 SF

Property type

Banks

APN

2105 122 03 010

APU

210512203010

Description

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.

Location Insight

City

Avon

County

Eagle

State

Colorado

Longitude

-106.523

Latitude

39.6348

CBSA code

20780

CBSA name

EDWARDS, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments