15 Benchmark Road

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.