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  4. ›Conway CBOC Superseding Lease

U.S. Department Of Veterans Affairs·Mississippi

Conway CBOC Superseding Lease

Closes 7/21/2026$1.9M – $2.9MRequest for Expression of Interest
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Description

The Department of Veterans Affairs is seeking to lease approximately 13,831 square feet of clinical medical space in Conway, Arkansas, for a superseding lease. The space will be used for an outpatient clinic for veterans and must be contiguous, with 100 on-site parking spaces. The lease term is 7 years, with 3 years firm, as a full-service lease. Interested offerors should submit information by email no later than 10:00 a.m. Central Standard Time on Tuesday, 07/21/2026. Some key points to consider: • The space must be within a specific delineated area in Conway, Arkansas. • Offerors must provide evidence that properties are outside the 100-year flood plain. • The Government will pay no more than the appraised fair market rental value for space. • The VA assumes no responsibility to award a lease based upon responses to this advertisement.

Attached files

Contact

Christina Richardson(Lease Contracting Officer)

[email protected]

Key dates

Opened
7/17/2026
Closes
7/21/2026
Duration
7 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
36C25626Q1074

Budget estimate

$1,943,340 – $2,913,510

To estimate the budget, we need to consider the appraised fair market rental value for the space. The VA is seeking to lease approximately 13,831 square feet of clinical medical space. Assuming an average rental rate of $20-30 per square foot per year, the total rental value would be around $277,620 to $415,930 per year. For a 7-year lease, the total budget would be approximately $1,943,340 to $2,913,510. However, this is a rough estimate and the actual budget may vary based on various factors such as location, amenities, and market conditions.

AI estimate from the solicitation

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