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19988139
19988138

15 Benchmark Rd, Avon, CO 81620

ES
CO FA100046892
Fortius Commercial Advisors
SS
CO EI.100048482
Fortius Commercial Advisors
KD
CO FA.100083582
Fortius Commercial Advisors
Listed by Fortius Commercial Advisors
Unpriced
631 days on market
Updated 51 days ago

Standalone Building in Avon

Details
Property Type Office, Retail
Sub Type Traditional Office
Square Footage 18,499
Lease Type NNN
Rent Bumps Yes
Year Built 1994
Buildings 1
Stories 3
Acreage 0.850
Zoning Town Center
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No

Unique Opportunity to Convert or Lease Up | Sale Leaseback Component

Marketing description

15 E Benchmark Road is an 18,499 SF standalone office building situated on a 0.85 AC parcel in the center of Avon, Colorado. The property is conveniently located within walking distance of all of Avon’s amenities, such as restaurants, shops, hotels, professional services, Nottingham Park, I-70, US Highway 6, and the Westin Riverfront Gondola.

Avon’s public transportation hub, Avon Station, is less than 500 feet from the property. Here, passengers can access fare free travel throughout Eagle County on Town of Avon and CORE Transit bus routes. Additionally, Colorado Department of Transportation-run, Bustang and Pegasus, both make stops at Avon Station, offering public transportation throughout the entire state.

As part of this offering and at the time of closing, the Seller will sign a brand new, five-year NNN lease for approximately 5,052 SF on the first floor of the building. Annual base rent will start at market rate, $27 / SF. The remainder of the building will be delivered vacant, providing future ownership with the opportunity to utilize the second and third floor themselves, or lease them out to other office users. Alternatively, the remaining space could be converted from traditional office to residential as it is a permitted use under Town Center zoning.

Investment highlights

Listing Contacts

ES
CO FA100046892
Fortius Commercial Advisors
SS
CO EI.100048482
Fortius Commercial Advisors
KD
CO FA.100083582
Fortius Commercial Advisors
Listed by Fortius Commercial Advisors

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