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Central Arkansas Planning and Development District, Inc.·Arkansas

Invitation for Bid for Office Space

Closes 4/30/2026$300k – $600kInvitation for Bid
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Description

The Central Arkansas Planning and Development District, Inc. (CAPDD) is seeking sealed bids to lease office space of at least 7,000 sq ft in Lonoke, Arkansas, to house an Arkansas Workforce Center and its administrative offices. Bids must be submitted by the specified deadline and will be opened the following business day. This opportunity is essentially a real‑estate lease procurement rather than a service contract. • Minimum space requirement: 7,000 sq ft (or larger). • Location: City of Lonoke, AR (CAPDD Administrative Office address: 902 North Center Street, Lonoke, AR 72086). • Bid submission deadline: 4:00 p.m., Thursday April 30 2026; opening: 10:00 a.m., Friday May 1 2026. • Contact for bid package: Fay Cox, phone (501) 676‑2721 (relay services also listed).

Attached files

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

Contact

Fay Cox

(501) 676‑2721

Key dates

Opened
4/12/2026
Closes
4/30/2026
Projected award
5/1/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531120
Solicitation №
Refcode: #590854

Budget estimate

$300,000 – $600,000

Based on typical commercial office lease rates in small Arkansas markets (approximately $15‑$25 per square foot per year), a 7,000 sq ft space would generate annual rent between $105,000 and $175,000. Assuming a multi‑year lease (e.g., three years), total contract value would range roughly from $315,000 to $525,000. Factors influencing the final amount include lease term length, negotiated rent per square foot, and any tenant‑improvement allowances.

AI estimate from the solicitation

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