For Sale: 185,000± SF Medical & Technology Campus on 16 Acres – Jupiter, Florida – CBRE Inc.

The Offering

CBRE, Inc. is the exclusive marketing broker for the sale of the Jupiter Medical & Technology Park (“Property”), located at 1701 Military Trail, Jupiter, Florida. The Property comprises a 185,000± SF medical and technology facility on a beautiful 16-acre corporate campus setting.

The building was constructed for Marquette Electronics, which was subsequently acquired by GE Medical Systems Information Technologies (GEMS) in 1999. The Property is currently 92% occupied, with 45% of the building leased to GEMS and 34% of the building belonging to the owner-occupier, Florida Turbine Technologies (FTT). FTT is prepared to sign a five-year lease with the new Buyer upon sale at mutually agreed upon terms. Other existing tenants include Jupiter Kidney Center and Jupiter Medical Center.


Investment Highlights

• Unique opportunity to acquire functional, state-of-the-art, medical and technology facility at a price well below replacement costs
• Well maintained, attractive, high-quality corporate campus-style property featuring a scenic lake with central water fountain against a serene wetland preserve
• Strategic location less than one-mile from the 283-bed Jupiter Medical Center and within Jupiter’s active and growing life sciences hub
• Exceptional Jupiter demographics, including average household income of $92,316 and average housing value of $321,320 within a three-mile radius of the Property
• Strong Jupiter population growth in excess of 400% since 1980 with continued robust growth of 7.25% through 2018 projected within a three-mile radius of the Property
• Nearly half of the Property occupied by a Fortune 100 company through December 2019
• Only 9.4% rollover until end of 2018, providing stable cash flows for nearly five years, with value-add potential to lease up the remaining 8% of the Property


Investment Summary

1701 Military Trail Jupiter, Florida

Available SF: 185,000± SF
Year Built: 1990/1996
Land Area: 16-Acres
Occupancy: 92%
Tenants: Four
Purchase Price: Unpriced


Exclusive Contacts

Property Inquiry and Tours

Dominic Montazemi

Vice President

Private Capital Group

+1 561 393 1622

Scott O’Donnell

Senior Vice President

Private Capital Group

+1 561 393 1602

Christian Lee

Vice Chairman

Institutional Group

+1 305 381 6425 


Debt Financing

Jason Hochman

Vice President

Debt & Equity Finance

+1 305 381 6439


Market Leasing

Robert Smith

Senior Vice President


+1 561 393 1608 

CBRE, Inc. – Licensed Real Estate Broker


More Information

Confidentiality Agreement

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