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U.S. Department Of Agriculture·North Carolina

U.S. Department of Agriculture Seeks to Lease Office and Related Space in Albemarle, NC

Closes 11/12/2026$600k – $1.1MRequest for Expression of Interest
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Description

The USDA is seeking a private party to lease approximately 3,000‑3,735 sq ft of office space in Albemarle, NC, on a turnkey basis with required tenant improvements. The lease will be for a total of ten years, with a five‑year firm period and a 120‑day termination right. The space must be on a single floor (first floor preferred), meet fire‑safety, accessibility, seismic and sustainability standards, and cannot be in a 100‑year floodplain. Sub‑leases are prohibited and the lessee must provide extensive documentation, including drawings, parking details, condition reports, and compliance certifications.

Attached files

Contact

Sharon Sullins(Lease Contracting Officer)

[email protected]

(919) 873-2085

Key dates

Opened
10/20/2026
Closes
11/12/2026
Duration
10 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
57-37167-26-FA

Budget estimate

$600,000 – $1,050,000

No rent amount is disclosed; based on prevailing market rates for office space in Albemarle, NC (approximately $15‑$30 per square foot per year), a 3,000 sq ft lease would generate roughly $450,000 – $900,000 over the full 10‑year term, translating to an annual lease revenue of $45,000 – $90,000. Including the estimated cost of turnkey tenant improvements (roughly $30‑$50 per sq ft), total contract value could range from $600,000 to $1,050,000.

AI estimate from the solicitation

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