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U.S. Department Of Veterans Affairs·Texas

New Lease for VA Clinic (CBOC) Tarrant County, Texas

Closes 10/23/2026$5M – $15MRequest for Proposal
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Description

The Department of Veterans Affairs is seeking a full‑service lease for approximately 14,719–15,719 ANSI/BOMA Occupant Area (ABOA) square feet of contiguous clinical space in an existing, modern‑quality, one‑story building in Tarrant County, Texas. The lease term is 20 years total (10 years firm with a 10‑year soft term), requiring at least 138 on‑site surface parking spaces and occupancy by July 2027. The lessor must provide a fully‑served lease that includes utilities, janitorial services, and compliance with VA‑specific design, security, and infection‑control requirements. The scope also calls for tenant‑improvement allowances (up to $425 per ABOA SF) and detailed design‑intent drawings, environmental assessments, and ongoing operations & maintenance. • Lease of ~15 K ABOA sf for a VA outpatient clinic (CBOC) with 138 surface parking spaces. • 20‑year lease (10‑year firm term) with occupancy required July 2027. • Full‑service lease covering utilities, janitorial, security, and required tenant‑improvement work (up to $425/SF). • Must meet VA design, transit, parking, accessibility, and infection‑control standards; no new construction permitted.

Attached files

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

Contact

TaShia Marsh‑Brown(Primary Point of Contact)

[email protected]

Key dates

Opened
10/9/2026
Questions due
9/18/2026
Closes
10/23/2026
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
36C24W26R0055

Budget estimate

$5,000,000 – $15,000,000

The lease will generate a substantial, multi‑year cash flow to the lessor. Assuming an average rent of $200 per rentable square foot per year for 21,220 RSF (maximum) yields roughly $4.2 M annually. Over a 20‑year term, total rent revenue could approach $84 M. The lessor also bears tenant‑improvement costs (up to $425 per ABOA sf ≈ $6.3 M) and must cover operating expenses, but these are typically amortized into the rent. Considering design, construction, and ongoing services, a realistic net earnings range for the contractor/lessor would be between $5 M and $15 M over the contract life.

AI estimate from the solicitation

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