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  4. ›Middletown NY Vet Center New/Replacing Lease

U.S. Department Of Veterans Affairs·New York

Middletown NY Vet Center New/Replacing Lease

Closes 10/29/2026$800k – $3.5MRequest for Expression of Interest
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Description

The VA is conducting a market survey to identify suitable commercial space for a new or replacement Vet Center in Middletown, NY. The agency seeks a contiguous, ground‑floor office area of up to 8,100 rentable square feet (approximately 6,000 ABOA) with at least 15 on‑site surface parking spaces, outside the 100‑year flood plain, and ready for occupancy by 31 Oct 2027. The lease would be a full‑service arrangement lasting 20 years, with a firm 5‑year initial period; the government will pay no more than the appraised fair‑market rental value. Interested owners, brokers, or representatives may submit an expression of interest (building name, address, space size, contact details, SAM registration and UEI) by the specified deadline. No pricing is to be included, and there is no guarantee of award. • Space requirement: up to 8,100 RSF, ground floor, contiguous, with 15 parking spaces. • Lease terms: 20‑year term, 5‑year firm period, fair‑market rent only. • Submission: expression of interest (no price) via email by 10 a.m. CST on 29 Oct 2026; questions only on 27 Oct 2026.

Attached files

Contact

Nicholas Griffaton(Lease Contracting Specialist)

[email protected]

Key dates

Opened
10/22/2026
Questions due
10/27/2026
Closes
10/29/2026
Duration
20 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
36C24227Q0081

Budget estimate

$800,000 – $3,500,000

The VA will pay no more than the fair‑market rental value for the space. Assuming regional office rent of roughly $20‑$30 per square foot per year for upstate New York, an 8,100 RSF space would generate about $162,000–$243,000 annually. Over the initial 5‑year firm period this equals roughly $800,000–$1.2 million, and over the full 20‑year term the total could range from $3.2 million to $4.9 million. Therefore the expected earnings fall in the low‑ to mid‑single‑digit millions.

AI estimate from the solicitation

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