X1AA--Sources Sought Notice
Agency:U.S. Department Of Veterans Affairs
State:Virginia
NAICS Code:531120
Industry:Real Estate
Solicitation Type:Request for Information
Solicitation ID:36C24625Q1009
8/7/2025
Close Date:9/8/2025
Project Duration:20 years
Last Updated:8/12/2025
Please visit the bid source via the “Link to Bid Source” button below for documentation.
Ricky Farr(Contracting Officer)
Ricky.Farr@va.gov
(757) 251-5817
$10,627,200 – $15,936,000
The budget for this lease can be estimated based on the average annual rent for nonresidential buildings in Wake Forest, North Carolina. Assuming an average rent of $20-30 per square foot, the total annual rent for 26,568 square feet would be approximately $531,360 to $796,800. Over a 20-year lease term, the total budget would be around $10,627,200 to $15,936,000. However, this is a rough estimate and the actual budget may vary depending on various factors such as the location, condition, and amenities of the building.
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