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Mississippi Department of Finance and Administration·Mississippi

Request for Lease Space: Mississippi Department of Rehabilitation Services (Tupelo, Lee County)

Closes 2/25/2026$300k – $500kRequest for Proposal
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Description

The Mississippi Department of Rehabilitation Services (MS DRS) is seeking a commercial landlord to lease approximately 6,000 sq ft of office space in Tupelo, Lee County, for a five‑year term. The space must be fully ADA‑accessible, include twenty (20) closed‑door offices of 125–175 sq ft each, and provide parking for at least 20 vehicles. Proposals are due by noon on February 25, 2026. No rent amount is disclosed; the department will evaluate offers based on compliance with space requirements and proposed lease rates. • Approximately 6,000 sq ft office space required (±) • Minimum of 20 private offices, each 125–175 sq ft • Must be ADA‑compliant and include 20 vehicle parking spaces • Preferred lease term: 5 years • Submission deadline: 12:00 PM CST, Feb 25, 2026

Attached files

Contact

Eric Davis(Agency Contact Person)

[email protected]

(601) 853-5245

Key dates

Opened
1/28/2026
Closes
2/25/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531190

Budget estimate

$300,000 – $500,000

No rent amount is disclosed, but market lease rates for office space in Tupelo average roughly $12–$18 per square foot per year. For 6,000 sq ft, annual rent would be about $72,000–$108,000, yielding a total lease value of approximately $360,000–$540,000 over a five‑year term. Thus the expected revenue range for the landlord is roughly $300‑$500 k, depending on negotiated rates and any escalations.

AI estimate from the solicitation

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