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Fully Remodeled Historic Office Building
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121 W Forsyth St, Jacksonville, FL 32202

Downtown office suites with an underground corridor to a parking garage and common areas renovated in early 2021.

Property Size826 SF
Days on Market445

Property Features for 121 W Forsyth St

General Information

Standard status Active
Size 826 SF
Property subtype OFFICE

Space & Availability

Contiguous Space 50,000 SF
Divisible Yes
Condition Turnkey

Additional Details

Public Transit Yes

Amenities

conference center
lounge
CCTV
on-site security
underground corridor to parking garage
Listing Agency: International Management Company (IMC)
Listed By: John Hodges
Source: Moodyscre
Added: May 12, 2025 Changed: Jul 30 Last Checked: Jul 30 at 6:38AM

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 (IMC)

Investment Insights

Based on property information with market context.

Fully remodeled historic office building offering small suites through full floors. Lobby renovation was completed in Feb 2021, along with a tenant conference center and lounge, both also completed in Feb 2021.

Up to 50,000 SF is available across 3 contiguous floors, with turnkey and design/build options. A unique underground corridor connects the building to a parking garage with abundant parking, with exits near the County Courthouse. The building includes CCTV throughout and on-site security, and tenants can access a guaranteed parking allocation in the garage.

The property is located in a SBA HUBZone and is positioned for convenient access to Downtown destinations, including the County and Federal Courthouses, City Hall, Skyway stops, Public Library, and Times Union Center.

Key Highlights

  • Lobby renovation completed Feb 2021
  • Tenant conference center and lounge completed Feb 2021
  • Up to 50,000 SF available on 3 contiguous floors

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

$20.72 /SF/Yr
Avg Asking Price
$0.52–$241 /SF/Yr
Price Range
10,123 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 units - Downtown office suites with an underground corridor to a parking garage and common areas renovated in early 2021.
Where is this office units located?
The property is located at 121 W Forsyth St Jacksonville, FL.
What are key features of this property?
This property features: Lobby renovation completed Feb 2021; Tenant conference center and lounge completed Feb 2021; Up to 50,000 SF available on 3 contiguous floors
(904) 737-8846 Call to check price and availability
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