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Department of General Services·Virginia

Real Estate Lease - Bedford

Closes 5/22/2026$200k – $350kRequest for Proposal
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Description

This solicitation seeks a qualified tenant to lease approximately 2,100 usable square feet of office space in Bedford, Virginia. The space is intended for corporate or professional services, with potential tenant improvement allowances. The agency is looking for a reliable lessee who can occupy the premises promptly and maintain the property in accordance with state guidelines. • 2,100 USF office space located in Bedford, VA • Lease under a Department of General Services umbrella – likely a multi‑year term • Potential for tenant improvements (IDC) as indicated in the long description • Contact for lease details: John Simmons (804‑396‑0642, [email protected]) • Submission deadline: May 22, 2026, 4:30 PM UTC

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

John Simmons

[email protected]

(804) 396-0642

Key dates

Opened
5/6/2026
Closes
5/22/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
RFP-119709

Budget estimate

$200,000 – $350,000

Based on typical Virginia office lease rates of $20‑$30 per square foot per year, the 2,100 SF space would generate roughly $42,000‑$63,000 annually. Assuming a 5‑year lease, total contract value would fall between $210,000 and $315,000, plus any tenant‑improvement allowances. Thus a realistic earnings range for the client is approximately $200k‑$350k.

AI estimate from the solicitation

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