Investment Overview

Marcus & Millichap is pleased to present the Innovation Center at 555 Heritage, a 44,855-square-foot, institutional-quality office and life sciences asset located in Jupiter, Florida. The Property is situated on 3.2 acres at the signalized intersection of Military Trail and Heritage Drive, just south of Donald Ross Road, within one of Northern Palm Beach County’s most established commercial corridors. The Property is currently about 95-percent occupied and generates over $900,000 of in-place Net Operating Income. The tenant roster consists primarily of life science, diagnostics, pharmacy, biotech, and professional service users - sectors supported by durable demographic trends and institutional research infrastructure in the immediate area. The staggered lease expiration profile provides income stability while preserving the ability to capture future mark-to-market opportunities in a tightening submarket. Notably, 555 Heritage is located approximately one mile from Scripps Research and the Max Planck Florida Institute for Neuroscience, both situated on the FAU Jupiter Campus and affiliated with the University of Florida. These globally recognized research institutions have established Jupiter as one of Florida’s most concentrated life sciences clusters, attracting high-level scientific talent, research funding, and commercialization initiatives to the region. Their proximity reinforces tenant demand and helps explain the sustained occupancy and performance of 555 Heritage. Innovation Center at 555 Heritage offers investors the opportunity to acquire a stabilized asset with strong in-place cash flow, embedded rental growth, and exposure to one of South Florida’s most supply constrained suburban office and life sciences submarkets.