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Office Space for Rent in Jacksonville, FL - 210 Listings

Jacksonville, FL - Office Space for Lease

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Jacksonville, FL Office Overview

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Jacksonville city proper includes the Baymeadows Center, Southbank, and Deercreek office submarkets. With a metropolitan population of nearly 1.5 million people, the economy in Jacksonville is largely driven by the defense and transportation sectors that increasingly create an ever growing demand for Class A office space in the metropolitan area.

As of mid-2017, the Greater Jacksonville office market encompasses over 28 million square feet of existing office space in properties larger than 50,000 square feet. Located in Northeastern Florida, Jacksonville is the third-largest seaport in the State of Florida and is the financial center of North Florida.

Jacksonville, FL Office Inventory Description

Jacksonville is home to the third-largest military presence in the country, right behind San Diego and Norfolk, Va. With a gross metropolitan product of over $68 billion annually, there is strong demand for Class A office space in the Jacksonville regional area. Nearly 64% of the office space in Jacksonville is Class A or A+, with Class B product adding an additional 35% of office inventory to the Jacksonville commercial real estate market.

Some of the most robust demand for Class A office space in Jacksonville is seen in the Northbank office submarket. Located along the St. Johns River, between Jefferson Street and the State Route 1 interchange, portfolio properties such as the Wells Fargo Center, EverBank Center, and the One Enterprise Center at 225 Water Street can be found.

Jacksonville, FL Commercial Inventory Breakdown

Office Spaces

Total: 31,755,450 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 6,059,307 SF / 19.08% of total office
  • 100k to 500k SF: 20,386,218 SF / 64.2% of total office
  • 500k to 1M SF: 5,309,925 SF / 16.72% of total office

By class:

  • Class A: 18,899,284 SF / 59.52% of total office
  • Class B: 11,011,152 SF / 34.67% of total office
  • Class C: 369,598 SF / 1.16% of total office

Top 10 Largest Office Buildings

in Jacksonville

Office building Address Sqft Year built
EverBank Center 301 West Bay Street, 32202 956,201 1983
Bank of America Tower 50 North Laura Street, 32202 724,852 1990
Park Place at Nocatee SEC Nocatee Pkwy & Valley Ridge Blvd, 32256 675,000 n/a
701 San Marco 701 San Marco Blvd, 32207 658,822 1985
Wells Fargo Center 1 Independent Drive, 32202 648,313 1975
Eight Forty One 841 Prudential Drive, 32207 593,185 1955
Blue Cross Blue Shield Building 532 Riverside Avenue, 32202 550,000 1950
14000 Citicards Way 14000 Citicards Way, 32258 503,552 2004
601, 661 Riverside Avenue & 561, 599 Computer Power Place 601 Riverside Avenue, 32204 475,986 1952
4800 East Deer Lake Drive 4800 East Deer Lake Drive, 32246 452,873 1992

Most Recently-Built Office Buildings

in Jacksonville

Office building Address Sqft Year built
Baptist North Medical Campus 11236 Baptist Health Drive, 32218 58,000 2016
10426 Alta Drive 10426 Alta Drive, 32226 50,671 2016
Jessie Ball duPont Center 40 East Adams Street, 32202 128,375 2015
UF Health Jacksonville North 15255 Max Leggett Pkwy, 32218 210,000 2014
6703 Southpoint Drive North 6703 Southpoint Drive North, 32216 61,425 2013
1536 North Jefferson Street 1536 North Jefferson Street, 32209 134,661 2012
6061 Gate Pkwy 6061 Gate Pkwy, 32256 110,816 2009
Blue Cross & Blue Shield Campus - Building 900 4800 Deerwood Campus Pkwy, 32246 289,923 2008
Blue Cross & Blue Shield Campus - Building 800 4800 Deerwood Campus Pkwy, 32246 205,327 2008
10140 Centurion Pkwy North 10140 Centurion Pkwy North, 32256 109,067 2008

Jacksonville, FL Green Office Space

Employment

Through mid-year 2017, nearly 38% of the commercial office buildings that are larger than 50,000 square feet are classified as green or energy efficient buildings. Back in 2005 this percentage was less than 5%, showing a marked increase in just a few years.

The 2017 National Green Building Adoption Index surveyed the top 30 U.S. markets for energy efficient properties. To date, Jacksonville hasn't yet made the list, but with numerous LEED certified projects underway both the availability and demand for green office property in the city is growing.

One example of an energy efficient, LEED-certified office building in Jacksonville, FL is Waterview I & II on Deerwood Park Boulevard. Located in the Deerwood neighborhood of the city, with nearly 170,000 square feet of space this Class A office property was built in 2002 and was awarded a LEED Silver certified rating.

Jacksonville, FL's Top Office-Using Sectors

Demand for office space and commercial real estate in Jacksonville, FL is driven by an energetic mix of business and industry including banking & financial services, transportation & logistics, defense, and Fortune 500 companies.

  • EnergyBanking & Financial Services – EverBank, America Bancorp, Atlantic Coast Financial, and VyStar Credit Union are a few of the financial service businesses that generate demand for white collar office employment in Jacksonville.
  • EnergyTransportation & Logistics – CSX Corporation and RailAmerica are just two examples of businesses that benefit from the Port of Jacksonville seaport and the shipping hub of the Jacksonville International Airport.
  • EnergyDefense – Office demand in the city is also driven by the countless businesses that service the Naval Submarine Base, the Naval Air Station, and the Naval Station Mayport in the Jacksonville region.
  • EnergyFortune 500 Headquarters – Demand for Class A office space in Jacksonville is also created by the numerous corporate head offices in the city, including Fidelity National Financial, Interline Brands, and Southeastern Grocers.

Jacksonville Demographics

Population

  • Total Population846,951
  • Male Population(48.4 %) 409,683
  • Female Population(51.6 %) 437,268
  • Median Age35.70

Income/Financial

  • Average Household Income$64,229
  • Median Household Income$46,764
  • Median Income Under 25$24,015
  • Median Income 25-44$48,338
  • Median Income 45-64$55,193
  • Median Income Over 65$37,536

News

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