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  5. ›US Armed Forces Recruiting Lease - Little Rock and N. Little Rock
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U.S. Department Of Defense·Arkansas

US Armed Forces Recruiting Lease - Little Rock and N. Little Rock

Closes 3/1/2025$500k – $2.5MRequest for Proposal
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Description

The U.S. Army Corps of Engineers, Little Rock District is seeking to lease retail space for an Armed Forces Career Center. The lease will be for a term of up to 5 years and will require approximately 2400 and 3200 rentable square feet of retail space. The space must be located within a defined area in Little Rock and North Little Rock, and must provide non-exclusive on-site parking for up to 10 government vehicles. The lessor will be responsible for providing and maintaining the space, including utilities, maintenance, and repairs. The government is seeking a full-service lease, and the lessor must provide a written proposal that includes all the necessary information and documentation. Some key aspects of the lease include: * The lease term will be for a period of up to 5 years, with the option for the government to terminate the lease with 90 days' notice. * The lessor will be responsible for providing and maintaining the space, including utilities, maintenance, and repairs. * The government will have the right to use the space 24 hours a day, 7 days a week. * The lessor must provide non-exclusive on-site parking for up to 10 government vehicles. * The lessor will be responsible for providing utilities, including electricity, gas, water, and sanitary sewer. * The government will have the right to inspect the space and request repairs or maintenance as needed.

Attached files

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

Contact

LaTasha Rideout(Realty Specialist)

[email protected]

(501) 324-5878

Key dates

Opened
2/13/2025
Closes
3/1/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
23622
Solicitation №
W9127SREAcq25RelosLRNLR

Budget estimate

$500,000 – $2,500,000

The budget for this opportunity is likely to be in the range of $100,000 to $500,000 per year, depending on the location, size, and condition of the space, as well as the services and utilities provided. The government will pay the lessor a monthly rent, which will include the cost of utilities, maintenance, and repairs. The total budget over the 5-year term of the lease could be in the range of $500,000 to $2.5 million.

AI estimate from the solicitation

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