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  4. ›X1DB--Notice of Intent to Sole Source, Fort Worth TX…

U.S. Department Of Veterans Affairs·District of Columbia

X1DB--Notice of Intent to Sole Source, Fort Worth TX Rental of Space

Closes 12/31/2025$106M – $150MRequest for Expression of Interest
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Description

The U.S. Department of Veterans Affairs is seeking expressions of interest for a lease of approximately 177,230 square feet of space in Fort Worth, Texas. The space will be used for a General Purpose facility, including laboratory and clinic space. The lease term is up to 20 years, and the VA is looking for a facility that meets specific requirements, including being located within a delineated area, having a certain number of parking spaces, and meeting specific building and zoning requirements. The VA is also looking for information on the availability of utilities, environmental and cultural studies, and evidence of seismic compliance. • The facility must be located within the delineated area, which is bound by specific roads. • The facility must have at least 1,095 parking spaces. • The facility must meet specific building and zoning requirements. • The facility must have a certain level of accessibility and be compatible with the VA's intended use. • The VA is looking for information on the availability of utilities, environmental and cultural studies, and evidence of seismic compliance.

Attached files

Contact

Jamie F Thompson(Supervisory Realty Specialist)

[email protected]

(942) 272-0897

Key dates

Opened
11/24/2025
Closes
12/31/2025
Duration
20 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
36C10F26R0019

Budget estimate

$106,000,000 – $150,000,000

The budget for this opportunity is not explicitly stated, but based on the information provided, it is possible to make an educated estimate. The VA is looking to lease approximately 177,230 square feet of space, and the lease term is up to 20 years. The annual rent for a similar facility could be in the range of $20 to $50 per square foot, depending on the location and the specific requirements of the facility. Assuming an average annual rent of $30 per square foot, the total annual rent for the facility would be approximately $5.3 million. Over the course of a 20-year lease, the total budget could be in the range of $106 million to $150 million, depending on the specific terms of the lease and any potential rent increases. The factors that may influence the likely payment range include the location of the facility, the specific requirements of the facility, and the terms of the lease.

AI estimate from the solicitation

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