15 Benchmark RdAvon, CO 81620

For Sale

Prime Avon location, 18,499 SF, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional opportunity presents a 18,499 square foot, three-story standalone office building situated on a 0.85-acre lot in the heart of Avon, Colorado. Built in 1994, this property boasts a prime location within walking distance of Avon's vibrant amenities, including restaurants, shops, hotels, professional services, Nottingham Park, and easy access to I-70 and US Highway 6. The Westin Riverfront Gondola is also within close proximity. The property benefits from its location less than 500 feet from Avon Station, a public transportation hub providing access to Eagle County bus routes, as well as state-wide Bustang and Pegasus services. This sale-leaseback opportunity includes a new five-year 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 space (approximately 13,447 SF) will be delivered vacant, allowing for flexible use. The upper two floors can be utilized by the new owner or leased to other office tenants. Alternatively, given the Town Center zoning, conversion to residential use is permitted. This presents a unique investment opportunity with significant upside potential. The property is zoned for Town Center use. Rent bumps are included in the lease agreement. There is no ground lease associated with this property. A corporate guarantee backs the lease.

Highlights

  • 18,499 SF office building on a 0.85-acre lot in Avon, CO.
  • Sale-leaseback opportunity with a new five-year NNN lease for approximately 5,052 SF at $27/SF.
  • Building is located in Avon's Town Center, within walking distance of amenities and public transportation.
  • Vacant space offers conversion potential to residential use or leasing opportunities.
  • Corporate guarantee on the lease.

Property Details for 15 Benchmark Rd

Property type
Other retail properties, Other office properties
Square Feet
18,499 SF
Year Built
1994
Buildings
1
Stories
3
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Avon
County
Eagle
State
Colorado
Latitude
39.634432965221
Longitude
-106.52302315914
15 Benchmark Rd, Avon, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
15 Benchmark Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message