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Historic Office Building with Parking
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121 W Forsyth St, Jacksonville, FL 32202

Renovated historic office building offers lobby and conference center improvements with an underground corridor to parking.

Property Size1,741 SF
Days on Market587

Property Features for 121 W Forsyth St

General Information

Standard status Active
Size 1,741 SF
Property subtype OFFICE

Amenities

conference center
lounge
CCTV
on-site security
underground parking garage access
guaranteed parking allocation
Listing Agency: International Management Company (IMC)
Listed By: John Hodges
Source: Moodyscre
Added: Dec 20, 2024 Changed: Jul 26 Last Checked: Jul 29 at 4:11PM

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.

This fully remodeled historic office building includes a renovated lobby completed in February 2021, along with a tenant conference center and lounge completed in February 2021. Suites range from small offices to full floors, with turn-key and design/build options available. The offering includes up to 50,000 square feet across three contiguous floors. The building features an underground corridor that connects to a parking garage, with exits near the County Courthouse.

Security and operations are supported by CCTV throughout the building and on-site security. A guaranteed parking allocation is available in the garage.

The building is located in Jacksonville’s CBD, described as convenient to the County and Federal Courthouses, City Hall, Skyway stops, Public Library, Times Union Center, and nearby hotels.

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 - Renovated historic office building offers lobby and conference center improvements with an underground corridor to parking.
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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