Log In/Sign Up
Your email has been sent.
555 Heritage Dr
Jupiter, FL 33458
555 Heritage Innovation Center · Office Property For Sale


Investment Highlights
- STABILIZED IN-PLACE INCOME: The Property generates $903,972 of current NOI with projected growth supported by contractual rent escalations.
- HIGH-QUALITY TENANT MIX: The tenant base is anchored by life science, diagnostics, pharmacy, biotech, and professional service operators.
- FAVORABLE MARKET FUNDAMENTALS: The area’s expanding life sciences cluster and institutional research presence support sustained leasing activity.
- INSTITUTIONALLY ANCHORED LIFE SCIENCES LOCATION: Located approximately 1 mile from Scripps Research and Max Planck Florida Institute for Neuroscience.
- STRATEGIC LEASE EXPIRATION PROFILE: Lease maturities are staggered, limiting near-term rollover concentration.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
44,855 SF
Building Class
B
Year Built/Renovated
2003/2023
NOI
$1,239,156 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,428 SF
Building FAR
0.32
Lot Size
3.20 AC
Zoning
MXD, Jupiter - Mixed Use, Life Science, R&D, Light Industrial and Supporting Office
Parking
109 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Fitness Center
- Security System
- Signage
- Kitchen
- Air Conditioning
Property Taxes
| Parcel Number | 30-42-41-24-15-023-0030 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $9,152,675 CAD |
Property Taxes
Parcel Number
30-42-41-24-15-023-0030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,152,675 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
