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U.S. General Services Administration·District of Columbia

General Services Administration (GSA) seeks to lease the following space: Solicitation No. 5TN0300

Closes 6/10/2026$25.5M – $51MRequest for Proposal
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Description

The General Services Administration (GSA) is seeking to lease approximately 20,500 square feet of office space in Nashville, TN. The lease term will be 17 years, with 15 years firm, and the Government has termination rights. The offered space must meet specific requirements, including being located in a modern quality building, having a minimum ceiling height of 9 feet, and providing 14 parking spaces. The successful offeror will be required to design and build tenant improvements and security-related improvements, and will be compensated for these costs. The GSA will evaluate offers based on price and other factors, and will award the lease to the responsible offeror whose offer conforms to the requirements of the RLP and is the lowest priced technically acceptable offer. Key points to consider: • The lease term is 17 years, with 15 years firm • The offered space must meet specific requirements, including location, building quality, and parking • The successful offeror will be required to design and build tenant improvements and security-related improvements • The GSA will evaluate offers based on price and other factors • The lease will be awarded to the responsible offeror whose offer conforms to the requirements of the RLP and is the lowest priced technically acceptable offer

Attached files

Contact

Brad Seifert(Alternate Government Contact)

[email protected]

(202) 652-4192

Key dates

Opened
3/13/2026
Closes
6/10/2026
Duration
17 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
5TN0300

Budget estimate

$25,500,000 – $51,000,000

The estimated budget for this opportunity is difficult to determine, as it depends on various factors such as the offered rent, operating costs, and tenant improvements. However, based on the provided information, the annual rent for the leased space could be around $1.5 million to $3 million, considering the 20,500 square feet of space and an average rent of $75 to $150 per square foot. Over the 17-year lease term, the total budget could range from $25.5 million to $51 million. Additionally, the successful offeror will be compensated for tenant improvements and security-related improvements, which could add millions of dollars to the total budget.

AI estimate from the solicitation

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