Seasons at Avon
Vail Valley | Below Replacement Cost| Value-Add Office/Retail
Marketing description
The Seasons at Avon (“Seasons”) is a prominent mixed-use development located in the center of Avon and just steps from Beaver Creek’s Riverfront Express Gondola. The property is comprised of 104 residential condominiums above 63,836 SF of gross leasable commercial space, including a retail promenade, and office space. There are 207 parking spaces dedicated to the commercial aspects, of which 177 are underground. It is one of the few buildings in the area that offers large block, class A office space that is walking distance to all of Avon’s amenities and attractions.
The tenant mix consists of local, regional, and national tenants such as Vail Resorts, Slifer Smith & Frampton, East West Hospitality, Allervie Health, Aspen Grove Capital, and First Western Trust. Located along Avon’s pedestrian mall and free bus route, the property serves both locals and tourists. Seasons is easily accessed from outside of Avon via Avon Station across the street and I-70 to the north. The building would be quite difficult, if not impossible to replace given current market conditions and high barriers to entry.
Investment highlights
± 63,836 SF Mixed-Use Office and Retail Property in The Heart of Avon
Steps from Beaver Creek’s Riverfront Express Gondola & The Vail Valley’s Premier Amenities
Generational Opportunity to Grow NOI by 115% Over the Next 10 Years
Unprecedented Moment to Capitalize on the Great Mountain Migration
Blue Chip Anchor Tenants with Deep Local Commitment
Priced Below Comparables in a Supply Constrained Market
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