www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27540712
27540711

14251 E Fremont Ave, Centennial, CO 80112

TM
CO 40032085–ER
Andrus & Morgan Co
Listed by Andrus & Morgan Co
$3,950,000
588 days on market
Updated 45 days ago

100% Net-Leased R&D Flex | Denver

Details
Property Type Industrial
Sub Type Flex, R&D
Square Footage 20,032
Units 3
Cap Rate 7.61%
NOI $300,705
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 8.12%
Pro-Forma NOI $320,705
Broker Co-Op Yes
Year Built 2000
Buildings 1
Acreage 1.840
Zoning I
Investment Type Net Lease

passive investment | upside | solid location

Marketing description

Frehawk Business Center is a fully leased, three-tenant triple-net (NNN) investment property in Denver MSA (Centennial, CO) offering investors a solid opportunity with passive income, a history of high occupancy, and low rents. Positioned in a strategic part of Denver, it’s near major business centers, retail hubs, and regional amenities. This property generates steady income with a 7.61% cap rate which increases to 8.12% if self managed.

This 20,032 SF R&D flex building is occupied by established tenants:

  • Nytech Heating & Cooling - 11,360 SF
  • Golden Forensics - 8,672 SF
  • Verizon- Roof/Ground

The building features a robust industrial design with 7 drive-in doors, 18’ clear heights, and signage on both facade and monument. The property includes 27 parking spaces (2.45:1,000 SF ratio), enhancing tenant convenience.

Located in the bustling southeast Denver metro area, 14251 E Fremont Ave enjoys proximity to major commercial and lifestyle amenities. It’s minutes from the Denver Tech Center (DTC), a thriving business hub with over 25 million SF of office, flex, and retail space. Other notable destinations include Park Meadows Mall, Centennial Airport, and quick access to I-25, E-470, and E Arapahoe Rd. With a high-income residential demographic and daily traffic counts of 12,000 to the west and 14,000 to the east, the area supports a strong business ecosystem and tenant base. Minutes away from the Denver Broncos Training Camp and only a few hours from world-class skiing; come check on your investment!

Investment highlights

Prime Location - Positioned in the Denver MSA, near major highways, business hubs, and retail centers.

100% Occupied- Fully leased to three quality tenants with a stable occupancy history.

Triple Net (NNN) Leases - Passive income with tenants responsible for taxes, insurance, and maintenance.

Upside - Offers flexibility to boost NOI and cap rate through direct property management and re-tenanting for owner-user.

Industrial Zoning - Flexible zoning ideal for R&D, light industrial, or flex uses.

Ample Parking - 27 spaces with a 2.45:1,000 SF ratio, providing tenant and visitor convenience.

High Visibility - Monument and facade signage with strong daily traffic counts.

Proximity to Denver Tech Center (DTC) - Easy access to DTC, a major employment center.

Nearby Park Meadows Mall - Colorado's largest enclosed shopping mall, minutes away.

Affluent Demographics - $187,379 average household income within a 5-mile radius.

Strong Local Growth - Population growth of 1.3% annually within a 5-mile radius, supporting business demand.

Listing Contacts

TM
CO 40032085–ER
Andrus & Morgan Co
Listed by Andrus & Morgan Co

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$300,705.00
$25,058.75/mo

Valuation Metrics

0
DSCR
7.61%
Cap Rate
7.61%
ROI

Map

Zoning

Intelligence Badge
I IndustrialIndustrial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 92 uses
View all 92 uses
Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591