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  4. ›X1DB--AUSTIN TX Succeeding Lease Ad/EOI

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

X1DB--AUSTIN TX Succeeding Lease Ad/EOI

Closes 12/31/2025$94M – $140MRequest for Expression of Interest
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Description

The U.S. Department of Veterans Affairs is seeking expressions of interest for a lease of approximately 233,894 square feet of space in Austin, TX, for use as a laboratory and clinic. The lease term will be up to 20 years, and the space must be located within a specific delineated area. The Department is looking for a facility that can provide outpatient services and ancillary services, and must be compatible with the Department's intended use. The space must also meet certain requirements, such as being located in close proximity to amenities and public transportation, and must not be located in a flood plain or in close proximity to residential or industrial areas. Some key requirements for the space include: • A minimum of 233,894 ABOA SF and a maximum of 282,622 RSF • 1,278 parking spaces • A loading dock or loading area • A freight elevator if the loading area is on a different level than the offered space • Compatibility with the Department's intended use • Location within the delineated area • Proximity to amenities and public transportation • Compliance with various regulations, such as FEMA and seismic compliance The Department is encouraging all small businesses and other interested parties to respond to this notice for market research purposes.

Attached files

Contact

Jamie F Thompson(Supervisory Realty Specialist)

[email protected]

(942) 272-0897

Key dates

Opened
11/24/2025
Closes
12/31/2025
Duration
20 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Healthcare and Medical Services
NAICS
531120
Solicitation №
36C10F26R0018

Budget estimate

$94,000,000 – $140,000,000

The budget for this project is likely to be in the tens of millions of dollars, given the size of the space (approximately 233,894 square feet) and the lease term (up to 20 years). The exact amount will depend on various factors, such as the location, amenities, and services provided. However, based on industry standards, a rough estimate for the annual rent could be around $20-30 per square foot, which would put the total annual rent at around $4.7-7 million. Over the course of the 20-year lease, the total budget could be around $94-140 million.

AI estimate from the solicitation

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