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  4. ›X1DB--Amendment 1 to 531120

U.S. Department Of Veterans Affairs·District of Columbia

X1DB--Amendment 1 to 531120

Closes 11/19/2025$51.5M – $103.0MSole Source
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Description

The U.S. Department of Veterans Affairs intends to award a lease using other than full and open competition to an approved Academic Affiliate for approximately 42,000 Net Usable Square Feet (NUSF) of Medical Research space in the area of Mission Bay, CA. The lease term will be up to 20 years. The space must meet minimum lease technical requirements, including all VA/GSA accessibility, seismic, fire protection/life safety, and physical security requirements. • The space must be located within a specific delineated area in Mission Bay, CA. • The space must be compatible with VA's intended use. • The space must have a loading dock or loading area and a freight elevator if the loading area is on a different level. • The space must be located in close proximity to amenities, including restaurants, pharmacies, and shopping, and to public transportation. • The space must not be located in close proximity to residential or industrial areas, or to property with incompatible uses.

Attached files

Contact

Jerry Dawson(VA Broker Representative)

[email protected]

(301) 710-0613

Key dates

Opened
11/12/2025
Closes
11/19/2025
Duration
20 years

Last updated

Details

Type
Sole Source
Industry
Real Estate
NAICS
531120
Solicitation №
36C10F25Q0078

Budget estimate

$51,475,000 – $102,950,000

The budget for this opportunity can be estimated based on the rentable square feet (RSF) and the lease term. Assuming an average rent of $50-100 per RSF per year, the total rent for the 20-year lease term would be approximately $50,950 * 20 * $50-100 = $51,475,000 to $102,950,000. However, this is a rough estimate and the actual budget may vary depending on the specific terms of the lease and other factors.

AI estimate from the solicitation

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