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  4. ›NE El Paso CBOC Sources Sought/Market Interest

U.S. Department Of Veterans Affairs·Texas

NE El Paso CBOC Sources Sought/Market Interest

Closes 10/15/2026$5M – $12MRequest for Expression of Interest
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Description

The U.S. Department of Veterans Affairs is seeking expressions of interest from qualified owners or developers to lease approximately 22,300 ABOA square feet of medical‑clinic‑type space and 100 surface parking spaces in Northeast El Paso, Texas, under a 20‑year fully‑serviced lease (10‑year firm term plus 10‑year soft term). The space must be located within a defined area bounded by US 54, Dyer Street, Railroad Drive, and 601 Spur, meet all federal fire, accessibility, seismic, and sustainability standards, and cannot be in a 1‑percent annual‑chance floodplain. Submissions are due by mid‑October 2026, and the VA will conduct a market survey to determine if a formal solicitation will be issued.

Attached files

Contact

Eric Boyd(Leasing Contract Specialist)

[email protected]

(737) 386-1941

Key dates

Opened
10/6/2026
Closes
10/15/2026
Duration
20 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
36C24W26Q0225

Budget estimate

$5,000,000 – $12,000,000

No explicit lease value is disclosed. Assuming a market rent of roughly $20 – $30 per square foot per year for a 22,300 sq ft medical clinic, annual rent would range from $446,000 – $669,000. Over the full 20‑year term, the total lease revenue could be approximately $9 – 13 million. Accounting for potential escalations, operating‑expense reimbursements, and tenant‑improvement allowances, a reasonable estimate for the VA’s total outlay (and thus the contractor’s potential earnings) is $5 million to $12 million over the contract life.

AI estimate from the solicitation

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