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Executive Summary
Featuring two floors of bold, bunker-inspired architecture with distinctive character and vertical scale, The Bunker is purpose-built for large-scale hospitality operations. This trophy asset offers the authenticity, capacity, and placemaking potential ideal for established breweries, chef-led hospitality groups, and destination food and beverage operators seeking a flagship venue with serious draw power.
Investment Highlights:
• Nightlife Anchor Positioning: Positioned as the social centerpiece of an emerging arts and entertainment corridor with
citywide destination potential
• Value-Add Opportunity: Stabilized NOI of $402,117 (Year 6) with 8.0% unlevered yield on cost and 12% unlevered IRR
• Hospitality-Ready Asset: 14,078 SF across two floors ideal for brewery production, taproom operations, full-service kitchens, event programming, and live entertainment
• Completion Grant: $21,117 in REV Grant Incentive Income supporting operations and lease-up Industrial Character: Authentic architecture with vertical experience potential, indoor-outdoor capability, and infrastructure for high-volume hospitality operations
The Bunker represents a strategic acquisition for owner-operators or hospitality investors seeking a flagship asset in an emerging creative district with strong fundamentals and cultural momentum. With base rents projected at $25.00-$35.00 PSF for second-generation tenants and proven demand for authentic destination venues, this property offers both immediate income potential and long-term appreciation as Jacksonville’s Phoenix Arts & Innovation District establishes itself as the Eastside’s premier nightlife and cultural hub.
Immediate opportunity for qualified buyers. Contact Metro 1 for offering memorandum and financial proforma.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Distinctive architecture offering strong identity for restaurant or office users seeking a standout location. Flexible interiors accommodating culinary operations, fabrication, distribution, or collaborative office concepts. Adaptable layout supporting diverse business models and long term tenant growth within a revitalizing urban corridor.
Distinctive architecture offering strong identity for restaurant or office users seeking a standout location. Flexible interiors accommodating culinary operations, fabrication, distribution, or collaborative office concepts. Adaptable layout supporting diverse business models and long term tenant growth within a revitalizing urban corridor.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,500 SF | Retail | - | Now |
| 2nd Floor | 7,500 SF | Retail | - | Now |
1st Floor
| Size |
| 7,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 7,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 7,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Distinctive architecture offering strong identity for restaurant or office users seeking a standout location. Flexible interiors accommodating culinary operations, fabrication, distribution, or collaborative office concepts. Adaptable layout supporting diverse business models and long term tenant growth within a revitalizing urban corridor.
2nd Floor
| Size | 7,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Distinctive architecture offering strong identity for restaurant or office users seeking a standout location. Flexible interiors accommodating culinary operations, fabrication, distribution, or collaborative office concepts. Adaptable layout supporting diverse business models and long term tenant growth within a revitalizing urban corridor.
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $867,735 CAD | |
| Land Assessment | $698,841 CAD | Total Assessment | $1,702,797 CAD |
Property Taxes
Presented by
2402 N Market St
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