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Net Lease

Mission-Critical Life-Safety Manufacturer | Philadelphia MSA | 18Yr Abs Net | 3.25% Annual Increases

1000 Konica Dr, Elkton (Philadelphia MSA), MD 21921

Listing Price: $10,456,171

Cap Rate
7.00%
Gross SF
94,871
Price/Gross SF
$110.21
Lot Size
14.65 acres
Year Built
1989
Rentable SF
94,871

Investment Overview

Elkton, Maryland is strategically positioned within the Mid-Atlantic industrial and logistics corridor, offering direct access to major population centers, transportation infrastructure, and institutional demand drivers across the Northeast and Mid-Atlantic regions. Located in Cecil County, Elkton sits at the convergence of Interstate 95, U.S. Route 40, and key freight routes connecting Baltimore, Philadelphia, Washington, D.C., Wilmington, and Northern Virginia.

The region benefits from proximity to several major economic anchors, including Aberdeen Proving Ground, Fort Meade, Dover Air Force Base, and the broader National Capital Region, all of which support sustained federal defense, emergency response, and healthcare-related spending. These institutions drive consistent demand for advanced manufacturing, safety equipment, and life-support technologies produced throughout the corridor.

Cecil County offers a business-friendly operating environment with a strong manufacturing workforce, competitive operating costs relative to nearby core metros, and access to skilled labor drawn from Maryland, Delaware, and southeastern Pennsylvania. The area has a long-standing industrial presence supported by advanced manufacturing, chemical processing, medical devices, and defense-adjacent operations.

Elkton’s location also provides efficient access to Port of Baltimore, Port of Wilmington, Philadelphia International Airport, and multiple Class I rail lines, facilitating national distribution and reliable inbound supply chains. This connectivity is particularly attractive for manufacturers serving regulated, time-sensitive, and mission-critical end markets.

From a macro perspective, the Mid-Atlantic region continues to benefit from population density, institutional investment, and infrastructure spending, insulating industrial demand from volatility tied to discretionary consumer trends. Growth in healthcare systems, defense readiness, industrial safety regulation, and emergency response preparedness further reinforces the long-term relevance of specialized manufacturing uses in the area.

Investment Highlights

  • Long Term Absolute Net Lease Featuring 3.25% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
  • Micropore, Inc. - a U.S.-Based Specialty Manufacturer Producing Proprietary CO2 Absorbent Solutions Embedded w/in Closed-Loop Breathing & Life-Support Systems Across Multiple Safety-Driven End Market.
  • Mission-Critical Manufacturing Use - Facility Supports Production of Safety-Critical Components Used in Regulated Life-Support Applications, where Uninterrupted Operations.
  • Life-Safety Oriented End Markets - Demand Driven by Firefighting, Military Defense, Medical Anesthesia, Diving, Mining Safety, and Confined-Space Operations Where CO2 Control is Mandatory, Non-Discretionary, and Governed by Strict Operational Standards.
  • Recurring Consumables Demand Profile - Products Manufactured are Consumed and Replaced Over Time, Creating Recurring Production Demand Tied to Installed Equipment Bases Rather than One-Time Capital Purchases.
  • Exposure to Government and Institutional Spending - Demand Supported by Federal Defense Budgets, Municipal Fire Departments, Healthcare Systems, Mining Operations, and Industrial Safety Regulations Rather than Discretionary Consumer Spending.
  • Favorable Location for East Coast Distribution - Elkton provides Efficient Access to Mid-Atlantic, Northeast, and National Logistics Corridors Serving Government, Healthcare, and Industrial Customers.
  • Affluent and Skilled Labor Base - The Surrounding Area Features an Affluent Demographic Profile With Average Household Incomes Exceeding $99,000 within 5-Miles, supporting Access to a Skilled Workforce and Long-Term Residential Stability. Strategic Transportation Connectivity - The Facility Sits in Close Proximity to Interstate 95, U.S. Route 40, and Key Freight Routes Connecting Baltimore, Philadelphia, Washington, D.C., Wilmington, and Northern Virginia.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Net Lease

Mission-Critical Life-Safety Manufacturer | Philadelphia MSA | 18Yr Abs Net | 3.25% Annual Increases

Listing Price: $10,456,171

Cap Rate
7.00%
Gross SF
94,871
Price/Gross SF
$110.21
Lot Size
14.65 acres
Year Built
1989
Rentable SF
94,871

Investment Highlights

  • Long Term Absolute Net Lease Featuring 3.25% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.
  • Micropore, Inc. - a U.S.-Based Specialty Manufacturer Producing Proprietary CO2 Absorbent Solutions Embedded w/in Closed-Loop Breathing & Life-Support Systems Across Multiple Safety-Driven End Market.
  • Mission-Critical Manufacturing Use - Facility Supports Production of Safety-Critical Components Used in Regulated Life-Support Applications, where Uninterrupted Operations.
  • Life-Safety Oriented End Markets - Demand Driven by Firefighting, Military Defense, Medical Anesthesia, Diving, Mining Safety, and Confined-Space Operations Where CO2 Control is Mandatory, Non-Discretionary, and Governed by Strict Operational Standards.
  • Recurring Consumables Demand Profile - Products Manufactured are Consumed and Replaced Over Time, Creating Recurring Production Demand Tied to Installed Equipment Bases Rather than One-Time Capital Purchases.
  • Exposure to Government and Institutional Spending - Demand Supported by Federal Defense Budgets, Municipal Fire Departments, Healthcare Systems, Mining Operations, and Industrial Safety Regulations Rather than Discretionary Consumer Spending.
  • Favorable Location for East Coast Distribution - Elkton provides Efficient Access to Mid-Atlantic, Northeast, and National Logistics Corridors Serving Government, Healthcare, and Industrial Customers.
  • Affluent and Skilled Labor Base - The Surrounding Area Features an Affluent Demographic Profile With Average Household Incomes Exceeding $99,000 within 5-Miles, supporting Access to a Skilled Workforce and Long-Term Residential Stability. Strategic Transportation Connectivity - The Facility Sits in Close Proximity to Interstate 95, U.S. Route 40, and Key Freight Routes Connecting Baltimore, Philadelphia, Washington, D.C., Wilmington, and Northern Virginia.

Investment Overview

Elkton, Maryland is strategically positioned within the Mid-Atlantic industrial and logistics corridor, offering direct access to major population centers, transportation infrastructure, and institutional demand drivers across the Northeast and Mid-Atlantic regions. Located in Cecil County, Elkton sits at the convergence of Interstate 95, U.S. Route 40, and key freight routes connecting Baltimore, Philadelphia, Washington, D.C., Wilmington, and Northern Virginia. The region benefits from proximity to several major economic anchors, including Aberdeen Proving Ground, Fort Meade, Dover Air Force Base, and the broader National Capital Region, all of which support sustained federal defense, emergency response, and healthcare-related spending. These institutions drive consistent demand for advanced manufacturing, safety equipment, and life-support technologies produced throughout the corridor. Cecil County offers a business-friendly operating environment with a strong manufacturing workforce, competitive operating costs relative to nearby core metros, and access to skilled labor drawn from Maryland, Delaware, and southeastern Pennsylvania. The area has a long-standing industrial presence supported by advanced manufacturing, chemical processing, medical devices, and defense-adjacent operations. Elkton’s location also provides efficient access to Port of Baltimore, Port of Wilmington, Philadelphia International Airport, and multiple Class I rail lines, facilitating national distribution and reliable inbound supply chains. This connectivity is particularly attractive for manufacturers serving regulated, time-sensitive, and mission-critical end markets. From a macro perspective, the Mid-Atlantic region continues to benefit from population density, institutional investment, and infrastructure spending, insulating industrial demand from volatility tied to discretionary consumer trends. Growth in healthcare systems, defense readiness, industrial safety regulation, and emergency response preparedness further reinforces the long-term relevance of specialized manufacturing uses in the area.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

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