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Historic Downtown Jacksonville Office Space
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121 W Forsyth Street, Jacksonville, FL 32202

Remodeled historic building with unique underground corridor and guaranteed parking.

Space SizeContact for details
Property Size104,804 SF
Days on Market187

Property Features for 121 W Forsyth Street

General Information

Standard status Active
Size 104,804 SF
Class A
Property subtype Multi Tenant Office

Building Details

Building Size 104,804 SF
Year Built 1918
Listing Agency: International Management Company LLC
Listed By: John Hodges
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 8 Last Checked: Aug 8 at 7:08AM

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 International Management Company LLC

Investment Insights

Based on property information with market context.

Originally built in 1909 as the Atlantic National Bank Building, the property at 121 W. Forsyth Street was the tallest building in Jacksonville and Florida at the time, standing at 135 feet. The exterior features white Sylacauga marble on the bottom two floors and white terra cotta on the upper eight, with ornate detailing, two-story columns around the entrance, and a mix of gothic and decorative elements. In 2024, the Atlantic National Bank Building became known as the JU College of Law Building. The fully remodeled historic building is located in the heart of Jacksonville’s CBD. Small suites to full floors are available with turn-key and design/build options. A unique underground corridor connects the building to a parking garage with abundant parking, with exits near the County Courthouse. CCTV is installed throughout the building, and on-site security is provided. Guaranteed parking allocation is available in the garage. The property is located in an SBA HUBZone. It is conveniently and centrally located Downtown, close to County and Federal Courthouses, City Hall, Skyway stops, the Public Library, Times Union Center, and hotels. The lobby, tenant conference center, and lounge were completed in February 2021. The building is located directly on the busy intersection of West Forsyth Street and Hogan Street.

Key Highlights

  • Prime downtown location in Jacksonville's CBD, close to courthouses, City Hall, Skyway, library, and hotels.
  • Unique underground corridor provides secure, direct access to a parking garage.
  • Tenant conference center and lounge, completed Feb 2021.

Property Analytics

Current Use

Jacksonville University College ... Law School Murphy & Ellis, PLLC Law Firm Zisser Family Law Law Firm Robert H Ellis Law Firm Elliot Zisser Law Firm

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

4,309
Businesses Nearby

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

$19.04 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
20,616 SF
Avg Space Size

Vacancy Rate% for Office in Jacksonville, FL

13.5% 2019
15.8% 2020
21% 2021
20.1% 2022
19.8% 2023
21.3% 2024
22.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Remodeled historic building with unique underground corridor and guaranteed parking.
Where is this office building located?
The property is located at 121 W Forsyth Street Jacksonville, FL.
What are key features of this property?
This property features: Prime downtown location in Jacksonville's CBD, close to courthouses, City Hall, Skyway, library, and hotels.; Unique underground corridor provides secure, direct access to a parking garage.; Tenant conference center and lounge, completed Feb 2021.
More about this property
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