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U.S. Department Of Veterans Affairs·Tennessee

X1AA--Pointe Centre Superseding Lease 1208 Pointe Centre Suite 100

Closes 9/30/2025$15M – $30MRequest for Expression of Interest
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Description

The Department of Veterans Affairs is seeking expressions of interest for a superseding lease at 1208 Pointe Centre Drive, Chattanooga, TN. The lease term is for 10 years, with 5 years firm and 5 years non-firm. The leased space shall be in an area bordered by I-75, Brainerd Rd, East Brainerd Rd, and Spring Creek Rd. SDVOSB and VOSB firms are invited to provide information to contribute to the market research for this project. Key points to consider: • The current lease is set to expire on September 30, 2026, and the new lease will be effective on December 1, 2025. • The current space is 11,131 RSF/ 9,995 ABOMA. • The Government is considering alternative space if economically advantageous. • SDVOSB and VOSB firms must be registered in VA's Vendor Information Pages (VIP) site and have the technical skills and financial capabilities necessary to perform the stated requirements. • Expressions of interest must be submitted by 3:00 pm Central Time, Thursday, September 5, 2025.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Martin Frazier(Contracting Officer)

[email protected]

(615) 225-6960

Key dates

Opened
8/28/2025
Closes
9/30/2025
Duration
10 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
36C24926R0004

Budget estimate

$15,000,000 – $30,000,000

The budget for this opportunity is likely to be the appraised fair rental value for the leased space, which is approximately 11,131 RSF. Based on the average rent per square foot in the area, the total budget could be around $1.5 million to $3 million per year, depending on the terms of the lease. The total budget for the 10-year lease term could be around $15 million to $30 million. The factors that may influence the likely payment range are the appraised fair rental value, the terms of the lease, and the average rent per square foot in the area.

AI estimate from the solicitation

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