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  5. ›Offer for Lease – 7.5 acres at the SEC of 45th/Lamar…

Texas Health & Human Services Commission·Texas

Offer for Lease – 7.5 acres at the SEC of 45th/Lamar – Austin, Texas

Closes 6/18/2026$50k – $500kRequest for Proposal
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Description

The Health and Human Services Commission is soliciting lease bids for a 7.5-acre property at the SEC of 45th/Lamar in Austin, Texas. The property contains two buildings, a 72,472 sf building and a 17,095 sf building, and is intended for mental health services. The lease term is expected to be up to 49 years with renewal options. The winning bid will be selected based on mutual agreement on terms and conditions. • The property is located on the campus of the Austin State Hospital. • The lease is expected to generate revenue for the Owner. • The property is subject to certain restrictions, including limitations on use and hours of operation. • Bidders are required to inspect the property prior to submitting their bids. • The Owner reserves the right to reject all bids.

Attached files

Contact

Nicole Hutchison

[email protected]

(512) 921-8218

Key dates

Opened
5/21/2026
Pre-bid meeting
6/1/2026
Site visit
6/1/2026
Closes
6/18/2026
Duration
49 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
ASHHCLEASE

Budget estimate

$50,000 – $500,000

The budget for this opportunity is likely to be a rental payment, which could be a fixed amount per month or year, or a percentage of the revenue generated by the Tenant. The exact budget amount is not specified in the document, but it could be estimated based on the size of the property and the intended use. For example, if the property is expected to generate $1 million in revenue per year, the rental payment could be 10% of that amount, or $100,000 per year. However, without more information, it is difficult to provide a more accurate estimate. The budget could also be influenced by the length of the lease, the creditworthiness of the Tenant, and other factors. Therefore, the budget could be anywhere from $50,000 to $500,000 per year, depending on the specifics of the lease agreement.

AI estimate from the solicitation

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