70 Benchmark RdAvon, CO 81620

Property Details for 70 Benchmark Rd

Year built

1995

Lot size

0.11 AC

Property size (Sq ft)

2,316 SF

Property type

Office properties

APN

2105 122 15 032

APU

210512215032

Description

This exceptional 1,688 square foot ground floor retail/office space presents a unique opportunity in Avon, Colorado's vibrant business and lodging district. Located just one block from the Westin Riverfront Gondola and adjacent to the Avon Transportation Center, this single-tenant property boasts unparalleled visibility and accessibility, ensuring high pedestrian traffic. The space is ideal for businesses seeking a prime location with excellent exposure. The lease includes three dedicated employee parking spaces, supplementing ample customer parking. The property features a traditional office layout, perfect for a variety of businesses. The monthly rent is structured as a Net, Net, Net (NNN) lease, with a base rent of $3,516.67. Estimated pass-through expenses total $3,122.98, resulting in a total monthly rent of $6,639.65. This translates to a rate of $25 per square foot. This property offers a compelling combination of location, accessibility, and affordability, making it an attractive investment for discerning businesses. The property's proximity to key transportation hubs and high-traffic areas ensures maximum exposure and accessibility for clients and employees alike. Don't miss this chance to secure a thriving business location in the heart of Avon.

• CAP approach

  CAP return

  Valuation

  6%

  $425,624

  6.5%

  $392,884

  7%

  $364,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $471,319

  Geo Method

  $191,348

• Alternative Use

  Use

  Valuation

  Residential

  $487,176

  Hospitality

  $446,250

  Educational

  $371,275

  Medical

  $384,044

  Retail

  $577,539

Location Insight

City

Avon

County

Eagle

State

Colorado

Latitude

39.6339

Longitude

-106.524

CBSA code

20780

CBSA name

EDWARDS, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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