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Second-Generation Restaurant Space
New
For Lease
$5,116/Mo

117 W Forsyth Street, Jacksonville, FL 32202

Ground-floor premises feature indoor/outdoor dining and existing restaurant improvements within a downtown office setting.

Space Size5,116 SF
Days on Market4

Property Features for 117 W Forsyth Street

General Information

Standard status Active
Size 5,116 SF
Net Rentable 5,116 SF
Property subtype Retail

Space & Availability

Available Space 5,116 SF
Contiguous Space 5,116 SF
Floor Ground
Space Use Restaurant

Additional Details

Patio Yes
Listing Agency: Jacksonville
Listed By: Matthew Clark
Source: Colliers
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 12 at 3:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacksonville

Investment Insights

Based on property information with market context.

Located at 117 W Forsyth Street, the ground-floor restaurant premises comprise 5,116± SF within a downtown office building. Existing restaurant improvements support an indoor/outdoor dining format, while building signage opportunities provide an identified branding feature. The space is positioned along Jacksonville’s Laura Street corridor and benefits from proximity to the office tower and surrounding Central Business District. Hotels, entertainment venues, offices, and other downtown destinations are within walking distance. Pearl Square and expanding residential and hospitality developments are located minutes away, adding broader downtown context to the property’s setting.

Key Highlights

  • 5,116± SF ground‑floor restaurant premises
  • Second‑generation restaurant improvements already in place
  • Indoor/outdoor dining configuration

Property Analytics

Current Use

Bellwether Restaurant Awaken Services Addiction ... Rehabilitation Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Storage Facility Locksmith Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,309
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Hotels & Casinos 23%
Marriott Jacksonville Downtown Hotels & Casinos
17,473 visits/mo 0.2 miles
7-Eleven Shops & Services
14,337 visits/mo 0.4 miles
Bank of America Shops & Services
12,708 visits/mo 0.0 miles
Shell Shops & Services
9,189 visits/mo 0.4 miles
7-Eleven Shops & Services
7,127 visits/mo 0.1 miles

Demographics for 32202, FL

6,544
Population
2,789
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
78%
High-School Grad
2.0 sq mi
ZIP Area
3,272
Density / Sq Mi
$40,070
Median Household Income
$30,938
Median Earnings
$1,024
Median Rent
$229,100
Median Home Value

Market

Lease Benchmarks for Jacksonville, FL

$11.12 /SF/Yr
Avg Asking Price
$2.06–$15 /SF/Yr
Price Range
4,294 SF
Avg Space Size

This space is priced 8% above the average of $11.12 /SF/Yr.

Vacancy Rate% for Retail in Jacksonville, FL

6.3% 2019
7.5% 2020
5.6% 2021
5.5% 2022
5.8% 2023
5.8% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground-floor premises feature indoor/outdoor dining and existing restaurant improvements within a downtown office setting.
Where is this conventional restaurant located?
The property is located at 117 W Forsyth Street Jacksonville, FL.
What is the lease rate?
The lease rate is $5,116/Mo.
What are key features of this property?
This property features: 5,116± SF ground‑floor restaurant premises; Second‑generation restaurant improvements already in place; Indoor/outdoor dining configuration
More about this property
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