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Historic Office Building with Underground Corridor
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121 W Forsyth Street, Jacksonville, FL 32202

Lobby renovation completed Feb 2021 in a historic CBD office building with underground corridor to a parking garage.

Property Size104,804 SF
Days on Market65

Property Features for 121 W Forsyth Street

General Information

Standard status Active
Size 104,804 SF
Property subtype Office/Medical/Retail

Additional Details

Public Transit Yes

Amenities

conference center
lounge
CCTV
on-site security
underground corridor to parking

Building Details

Building Size 104,804 SF
Year Built 1918
Buildings 1
Stories 10
Listing Agency: International Management Company (IMC)
Listed By: John Hodges
Source: Imc-jax
Added: Jun 2 Changed: Jul 30 Last Checked: Aug 4 at 4:14AM

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.

A historic downtown office building with small suites to full floors available, offered turn-key and with design/build options. The property includes a renovated lobby and a Tenant Conference Center and Lounge completed in Feb 2021. A unique underground corridor connects the building to a parking garage, with multiple exits located near the County Courthouse.

Security and operations support include CCTV throughout the building and on-site security. The building also offers a guaranteed parking allocation in the adjacent garage. Located in a SBA HUBZone, the property is positioned for convenient access to key downtown destinations, including the County and Federal Courthouses, City Hall, Skyway stops, and the Public Library.

Built in 1918, the building is designed for a range of office users seeking a central CBD address and suite configurations from smaller offices through full-floor space.

Key Highlights

  • Lobby renovation completed Feb 2021
  • Tenant Conference Center and Lounge completed Feb 2021
  • Underground corridor connects to parking garage with exits near the County Courthouse

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.

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

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 - Lobby renovation completed Feb 2021 in a historic CBD office building with underground corridor to a parking garage.
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: Lobby renovation completed Feb 2021; Tenant Conference Center and Lounge completed Feb 2021; Underground corridor connects to parking garage with exits near the County Courthouse
More about this property
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