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U.S. Department Of Veterans Affairs·Minnesota

Expression of Interest - New Replacing Lease - Davenport CRRC

Closes 9/22/2026$5M – $15MRequest for Information
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Description

The U.S. Department of Veterans Affairs (VA) is seeking Expressions of Interest (EOI) from qualified owners or developers to lease a new or replacement Community Resource and Referral Center (CRRC) in Davenport, Iowa. The lease would encompass 15,638 ABOA square feet (up to 20,746 rentable square feet) with required on‑site parking (97 spaces, including ADA‑compliant and government vehicle spaces). The VA may consider existing buildings, new construction, or multi‑tenant projects, with a lease term of up to 20 years and full maintenance/operation responsibilities. Applicants must provide detailed property data, compliance with accessibility, security, and zoning requirements, and demonstrate ability to meet the projected occupancy date of October 2028. The EOI deadline is 22 September 2026. • Lease size: 15,638 ABOA SF (max 20,746 RSF) • Required parking: 97 spaces (including 6 ADA, 10 government vehicle, 3 oversized) • Lease term: up to 20 years (options included) • Occupancy target: October 2028 • Property must be within a defined downtown Davenport area and meet flood‑plain, setback, and proximity criteria (amenities, transit, no incompatible uses) • VA will conduct a market survey and on‑site inspection after EOIs are received • Submission must include owner information, rent rates, site plans, utility details, and evidence of small‑business/VOSB/SDVOSB status (if applicable) • No design or construction progress payments; VA pays monthly rent in arrears and a lump‑sum for tenant improvements after acceptance.

Attached files

Contact

Kelsey Schulzetenberg

[email protected]

Key dates

Opened
8/27/2026
Closes
9/22/2026
Duration
20 years

Last updated

Details

Type
Request for Information
Industry
Construction
NAICS
531120
Solicitation №
36C26326R0069_1

Budget estimate

$5,000,000 – $15,000,000

The VA will pay monthly rent for up to 20 years plus a one‑time lump‑sum for tenant improvements. Assuming a conservative market rent of $15–$30 per square foot per year for 15,638 ABOA SF, annual rent would range from ~$235k to $470k, yielding a total rent revenue over 20 years of roughly $4.7 M to $9.4 M. Adding a possible tenant‑improvement allowance of $2 M–$5 M brings the overall contract value to an estimated $5 M–$15 M. Factors influencing the final amount include the final negotiated rent rate, the extent of build‑to‑suit improvements, and any additional services (maintenance, utilities) the lease may cover.

AI estimate from the solicitation

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