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  4. ›X1AA--36C249-26-AP-0006 - Frankfort CBOC Lease 2.0 (Lex…

U.S. Department Of Veterans Affairs·Tennessee

X1AA--36C249-26-AP-0006 - Frankfort CBOC Lease 2.0 (Lex Med Ctr)

Closes 11/21/2025$8M – $15MRequest for Proposal
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Description

The Department of Veterans Affairs is seeking to lease approximately 28,014 rentable square feet of space in the general area of Frankfort, Kentucky, to be used as a Community Based Outpatient Clinic (CBOC). The space must be contiguous and preferably located on the first floor of a building. The lease term will be 20 years, with 10 years firm and two 5-year non-firm years. The successful offeror must provide all services, including utilities, janitorial, security, maintenance, and repairs. The space must be located within a specified area and meet certain requirements, including parking, accessibility, and seismic safety. • The offered space must provide for an efficient layout as determined by the LCO. • The space must be located in a modern quality building with a facade of stone, marble, brick, stainless steel, aluminum, or other permanent materials in good condition and acceptable to the LCO. • The space must be contiguous and preferably located on the first floor of a building. • The lease term will be 20 years, with 10 years firm and two 5-year non-firm years. • The successful offeror must provide all services, including utilities, janitorial, security, maintenance, and repairs.

Attached files

Contact

Martin Frazier(Contract Specialist)

[email protected]

(615) 225-6960

Key dates

Opened
10/7/2025
Questions due
11/3/2025
Closes
11/21/2025
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
36C24926R0002

Budget estimate

$8,000,000 – $15,000,000

The budget for this opportunity can be estimated based on the lease term and the required space. The lease term is 20 years, with 10 years firm and two 5-year non-firm years. The required space is approximately 28,014 rentable square feet. Assuming an average annual rent of $20 per square foot, the total annual rent would be approximately $560,280. Over the 20-year lease term, the total budget would be approximately $11,205,600. However, this is a rough estimate and the actual budget may vary depending on various factors, including the location, condition, and amenities of the building.

AI estimate from the solicitation

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