70 Benchmark RdAvon, CO 81620

  • Office properties
  • 2,316 SF
For Lease
$24/SF/YR View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
70 Benchmark Rd, Avon, Colorado

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,099
-
$197,600
$197,600
-
-
$708,260
$708,260

FAQs

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