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4010 Deerpark Blvd

$10,534,624

4010 Deerpark Blvd, Elkton, FL 32033

Active
Last Updated: 03/03/2026

46,200 sqft

Building Size

5.4822 acres

Lot Area

Details:
Building Size:    46,200 sqft
Lot Area:    5.4822 acres
Occupancy:    100%
Class:    A
Year Built:    2018
Floors:    1
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
  • In-place NOI of $684,750.56 supported by contractual annual rent increases and committed lease term providing income security.
  • Option Periods Providing Extended Income Horizon
  • Two five-year renewal options provide potential long-term tenancy beyond the current term with continuing annual base rental increases.
  • Strategic Industrial Location within a High-Growth Submarket
  • Positioned in St. Johns County with strong demographic expansion, constrained industrial supply, and access to the greater Jacksonville logistics corridor.
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 purpose-built 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.

With close proximity to I-95, this property is in a growing region of Northeast Florida. The nearby city of Jacksonville offers a robust infrastructure, a skilled workforce, and convenient access to major transportation hubs including the Port of Jacksonville and Jacksonville International Airport.
With its strategic position in a dynamic economic center, the area presents an unparalleled opportunity for growth and success in the industrial and manufacturing sectors. St. Johns County continues to rank among Florida's fastest growing counties, supported by strong population migration, expanding rooftops, and a pro-business tax environment that drives sustained industrial demand.

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Documents:
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Offering_Memorandum.pdf
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Offering Memorandum
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Offering_Memorandum.pdf
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Location
Gallery