Whisk together balsamic vinegar, avocado oil, garlic powder, onion powder, Italian seasoning, salt, and pepper to create the marinade.
Pour the marinade over the steak in a zip-top bag or shallow dish, ensuring all sides are coated. Marinate for 3-4 hours in the fridge.
Preheat the grill to medium-high heat (425-450°F) and allow the steak to rest at room temperature for 20 minutes.
In a food processor, combine parsley, lemon juice, garlic, olive oil, salt, and pepper. Blend until the sauce is almost smooth, scraping down the sides as needed. Set aside.
Remove the steak from the marinade, season with a pinch of salt and pepper, and place it on the grill over direct heat.
Grill for 5-6 minutes per side or until the internal temperature reaches 145°F for medium-rare or 160°F for medium.
Remove the steak from the grill and let it rest for 5 minutes. Slice thinly against the grain and serve with chimichurri sauce.