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30048352
30048373

4010 Deerpark Blvd, Elkton, FL 32033

CB
FL 3382471
Prime Realty Inc.
Prime Realty Inc.
KG
FL BK3542286, TX 569806
Prime Realty Inc.
Prime Realty Inc.
Listed by Prime Realty Inc.
$10,534,624
95 days on market
Updated 75 days ago

Recent Tenant Driven Expansion - Corporate HQ

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 46,200
Net Rentable (SqFt) 46,200
Cap Rate 6.70%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $228
Broker Co-Op Yes
Class A
Year Built 2018
Year Renovated 2025
Acreage 5.490
Investment Type Net Lease
Ceiling Height 29
Loading Docks 7
Dock High Doors 3

Industrial | 6.70% CAP | 46,200 SqFt

Marketing description

Prime Realty is proud to present the opportunity to acquire the Q-PAC Systems Building, a ±46,200 square foot, single-tenant industrial facility. A new building with a strong tenant, the offering is perfect for investors with interest in the expanding NE Florida market. Alongside no operating expense variability, ownership benefits from a passive investment profile with no landlord capital expenditure exposure.

Located in St. Johns County—one of Florida’s fastest-growing submarkets—the property benefits from continued population growth, strong industrial demand fundamentals, limited new supply, and convenient access to Interstate 95 and the greater Jacksonville logistics corridor.

4010 Deerpark Boulevard serves as Q-PAC’s long-term corporate headquarters and primary operating facility, supporting manufacturing, warehousing, and administrative services in a purposebuilt environment. The property is fully air-conditioned, well maintained, and configured to support mission-critical production and distribution functions.

In 2025 the building underwent a ±13,800 square foot expansion, which was completed in direct response to the tenant’s need for additional operational capacity. The expansion demonstrates QPAC’s commitment to the location.

The lease is structured on a NNN basis. The current lease term commenced in February 2026 and provides stable in-place income with defined rental growth provisions and long-term renewal options. The structure offers investors clear visibility into future income while minimizing operational risk.

Investment highlights

Established Corporate Headquarters with Tenant-specific Production Infrastructure

Tenant’s primary operating location with specialized manufacturing improvements and recent expansion investment reinforcing long-term occupancy stability.

Defined Expense Structure with Limited Landlord Exposure

Tenant directly pays taxes, insurance, utilities, HVAC, maintenance, and interior systems, limiting operating expense variability to ownership.

Predictable Cash Flow with Built-In Growth

Two five-year renewal options provide potential long-term tenancy beyond the current term with continuing annual base rental increases.

Positioned in St. Johns County with strong demographic expansion

Listing Contacts

CB
FL 3382471
Prime Realty Inc.
Prime Realty Inc.
KG
FL BK3542286, TX 569806
Prime Realty Inc.
Prime Realty Inc.
Listed by Prime Realty Inc.

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