• This bill will authorize a 10-year lease agreement with two 5-year renewal options with Cypress Jack for the District 3 JSO substation

Neighborhoods, Community Services, Public Health and Safety Committee · 2026-08-03 · agenda_item

The City of Jacksonville is planning a new 10-year lease agreement for the District 3 JSO substation with Cypress Jack. This lease includes two 5-year renewal options. The initial monthly rent will be $12,666.89, with a 2.98% annual increase to the base rent. A buildout of the new leased space is required by the Sheriff's Office before the current lease expires on November 7, 2026. This project will involve interior renovations and buildout of the leased space. Contractors specializing in interior construction, electrical, plumbing, HVAC, and finishing trades could find opportunities. Suppliers of construction materials and equipment may also be needed. Reaching out to the city or Cypress Jack early could provide an advantage before final plans and permits are set.

lease term

10 year

renewal options

2 5-year

initial monthly rental rate

12,666.89 dollars

base rent

10,005.19 dollars

additional rent for operating costs

2,661.70 dollars

annual increase in base rent

2.98 %