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U.S. Department Of Commerce·Arkansas

Notice of Intent to Renew - North Little Rock, AR

Closes 10/15/2026$1.5M – $3MRequest for Expression of Interest
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Description

NOAA’s Real Property Management Division is seeking a qualified landlord to lease approximately 4,772‑5,000 sq ft of office space in the city limits of North Little Rock, Arkansas. The lease will be a fully‑serviced, five‑year firm term with requirements for 24/7 access, roof access for antennae, 36 parking spaces, and compliance with fire‑safety, accessibility, seismic, sustainability, and flood‑plain restrictions. Interested parties must submit an Expression of Interest by the deadline, be registered in SAM.gov, and demonstrate ability to meet the technical and regulatory criteria. • Office space 4,772–5,000 sf (ABOA) within North Little Rock city limits • 5‑year firm lease, fully serviced, with 36 parking spaces and 24/7 access • Must avoid 0.2 % annual‑chance floodplain and meet NOAA fire, accessibility, seismic, and sustainability standards • Roof access required for antennae/equipment; compliance with FAR Section 889 (telecom prohibitions) • EOI due 15 Oct 2026; anticipated occupancy 6 Nov 2027; SAM registration mandatory

Attached files

Contact

Daniel Hazley(Leasing Specialist)

[email protected]

(301) 541-8053

Key dates

Opened
10/1/2026
Closes
10/15/2026
Duration
5 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
DAR15036-001

Budget estimate

$1,500,000 – $3,000,000

No rent or payment amount is disclosed. Based on market rates for Class A office space in North Little Rock (approximately $120–$180 per square foot per year), a 5,000 sf lease would generate roughly $600,000–$900,000 annually. Over the 5‑year term, total lease revenue could range from $3 million to $4.5 million. Accounting for possible tenant‑improvement allowances and early‑termination clauses, a conservative estimate for the landlord’s net earnings is $1.5 million – $3 million over the contract period.

AI estimate from the solicitation

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