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U.S. General Services Administration·Florida

General Services Administration (GSA) seeks to lease the following space in Miami, FL:

Closes 11/20/2026$500k – $1.2MRequest for Proposal
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Description

The General Services Administration (GSA) is seeking a qualified lessor to lease approximately 1,883‑1,977 ABOA square feet of modern office space in Miami, Florida for a firm 10‑year term. The space must be contiguous, above‑ground, with a separate entrance for 840 ABOA SF, and include three reserved parking spaces. GSA provides a tenant‑improvement allowance of $47.16 per ABOA SF and a security‑specific allowance of $12.00 per ABOA SF, both amortized over the lease term. The lease must meet federal, state, and local fire, life‑safety, accessibility, seismic, energy, and sustainability standards, cannot be located in a 1‑percent‑annual‑chance floodplain, and must comply with Section 889 telecommunications prohibitions. The award will be based on the lowest technically acceptable price after present‑value adjustments, with a broker (Savills Inc.) handling commission credits against rent. • Lease size: 1,883‑1,977 ABOA SF office space (≈ 2,000 RSF) • Term: 10 years firm, no renewal or option periods • Financial allowances: $47.16/ABOA SF TI, $12.00/ABOA SF security (BSAC) • Required features: above‑ground contiguous suite, separate entrance, 3 reserved parking spaces, compliance with fire/life‑safety, flood‑plain, ENERGY STAR, and Section 889 requirements • Evaluation: lowest price after 5 % discount rate and 2.5 % annual operating‑cost escalation; broker commission credit applied to rent

Attached files

Contact

Bryant Porter(Broker Representative)

[email protected]

(202) 624-8515

Key dates

Opened
10/29/2026
Closes
11/20/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
6FL0619

Budget estimate

$500,000 – $1,200,000

While the solicitation does not disclose rent, typical modern office rates in Miami range from $30‑$55 per rentable square foot annually. For roughly 2,000 RSF, annual rent could be $60 K‑$110 K. Adding the tenant‑improvement allowance ($47.16 × ~1,950 ABOA SF ≈ $92 K) and security allowance ($12 × ~1,950 ABOA SF ≈ $23 K) yields a total cash flow of roughly $175 K‑$225 K per year. Over the 10‑year term, the gross revenue to the lessor would likely fall between $500 K and $1.2 M, depending on final rent negotiations and any free‑rent concessions.

AI estimate from the solicitation

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