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U.S. General Services Administration·Tennessee

General Services Administration (GSA) Seeks to lease the following space: Solicitation No. 5TN0238

Closes 10/12/2026$2M – $4MRequest for Expression of Interest
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Description

The General Services Administration (GSA) is seeking expressions of interest from property owners or authorized representatives for a fully‑serviced office lease in Johnson City, Tennessee. The required space totals 9,522 ABOA sq ft, must include at least 18 reserved parking spaces, and be offered under a 15‑year lease (10‑year firm term). The site must comply with strict security, hazardous‑material proximity, floodplain, and building‑code requirements, and must be delivered as a “warm‑lit shell” with optional BSAC allowance. Interested parties must submit a detailed rental‑rate proposal by the October 12, 2026 deadline. • 9,522 ABOA sq ft office space, fully serviced, with 18 reserved parking spaces. • Lease term = 15 years (10‑year firm, optional 5‑year extension). • Strict location restrictions: no within 640 ft of hazardous‑materials sites, no within 400 ft of certain government or security‑sensitive facilities, and not in 1‑percent floodplain. • Required submission items: building name/address, contact details, ABOA & RSF breakdown, full‑service rental rates (with or without $25/ABOA sf BSAC allowance), operating costs, and ownership consent if not the owner. • All expressions of interest to be sent to GSA broker representatives Edward Brennan and Sam Dyson.

Attached files

Contact

Edward Brennan(Broker Representative)

[email protected]

Key dates

Opened
9/21/2026
Closes
10/12/2026
Duration
15 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
5TN0238

Budget estimate

$2,000,000 – $4,000,000

Assuming a market‑rate full‑service lease of roughly $25‑$35 per ABOA square foot per year, the 9,522 ABOA sq ft would generate approximately $238,000‑$333,000 annually. Over the 10‑year firm term, total rental revenue could range from about $2.4 million to $3.3 million, with potential extensions adding further income. Thus the estimated budget for the lease holder falls in the low‑mid‑single‑digit millions USD range.

AI estimate from the solicitation

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