Metro 1 is proud to present a rare acquisition opportunity at The Bunker, an iconic 14,078± SF industrial building located at 2402 Market Street in the Phoenix Arts & Innovation District, Jacksonville, FL. 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.