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MISSION-CRITICAL LIFE-SAFETY MANUFACTURER 1000 Konica Dr 94,871 SF Industrial Building Elkton, MD 21921 $10,456,171 ($110.21/SF) 7% Cap Rate



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. is a U.S.-Based Specialty Manufacturer Producing Proprietary CO2 Absorbent Solutions.
- Recurring Consumables Demand Profile - Products Manufactured are Consumed and Replaced Over Time, Creating Recurring Production Demand.
- Mission-Critical Manufacturing Use - Facility Supports Production of Safety-Critical Components Used in Regulated Life-Support Applications.
- Life-Safety Oriented End Markets - Demand Driven by Firefighting, Military Defense, Medical Anesthesia, Diving, Mining Safety, and more.
- Exposure to Government and Institutional Spending - Demand Supported by Federal Defense Budgets, Municipal Fire Departments, Healthcare Systems, etc.
Executive Summary
Micropore Inc. | Long Term Absolute Net Lease w/ 3.25% Annual Increases | Specialty U.S. Manufacturer of Mission- Critical CO2 Absorbent & Filtration Products | Life-Safety Oriented End Markets | Affluent & Skilled Labor Base | Corporate HQ and Manufacturing Site | Strategic Transportation Connectivity | Favorable Location for East Coast Distribution
Maryland Broker of Record: Brian Hosey | 7200 Wisconsin Ave., Ste. 1101 Bethesda, MD 20814 | Lic #: 5005538 | P: (202) 536-3700 | Brian.Hosey@MarcusMillichap.com
Maryland Broker of Record: Brian Hosey | 7200 Wisconsin Ave., Ste. 1101 Bethesda, MD 20814 | Lic #: 5005538 | P: (202) 536-3700 | Brian.Hosey@MarcusMillichap.com
Property Facts
Amenities
- Mezzanine
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Micropore Inc.
- Retailer
- 94,871 SF
- -
- Triple Net
- Apr 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Micropore Inc. | Retailer | 94,871 SF | - | Triple Net | Apr 2044 |
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Property Taxes
| Parcel Number | 03-089428 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,427,733 |
Property Taxes
Parcel Number
03-089428
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,427,733
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MISSION-CRITICAL LIFE-SAFETY MANUFACTURER | 1000 Konica Dr
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