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U.S. General Services Administration·District of Columbia

U.S. Government Seeks to Lease Office and Related Space in Rapid City, South Dakota

Closes 6/2/2026$1.5M – $1.6MRequest for Proposal
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Description

The U.S. Government is seeking to lease office and related space in Rapid City, South Dakota. The lease term will be 10 years, with a 5-year firm term and government termination rights. The space required is between 7,717 and 7,949 square feet. The lease will be a fully serviced lease, and the lessor will be responsible for providing tenant improvements. The government is looking for a modern, quality building with a secure parking area and exterior storage structure. The successful offeror will be required to provide a lease proposal, including a proposal to lease space, lessor's annual cost statement, and other required documents. • The lease term will be 10 years, with a 5-year firm term and government termination rights. • The space required is between 7,717 and 7,949 square feet. • The lease will be a fully serviced lease, and the lessor will be responsible for providing tenant improvements. • The government is looking for a modern, quality building with a secure parking area and exterior storage structure. • The successful offeror will be required to provide a lease proposal, including a proposal to lease space, lessor's annual cost statement, and other required documents.

Attached files

Contact

Dana McNeil(Alternate Government Contact)

[email protected]

(503) 383-1783

Key dates

Opened
12/4/2024
Closes
6/2/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
1SD2083

Budget estimate

$1,543,400 – $1,597,800

The budget for this opportunity can be estimated based on the required space and lease term. Assuming an average annual rent of $20 per square foot, the total annual rent for the minimum required space of 7,717 square feet would be $154,340. For the maximum required space of 7,949 square feet, the total annual rent would be $159,780. Over the 10-year lease term, the total budget would be approximately $1,543,400 to $1,597,800. However, this is a rough estimate and does not take into account other costs such as tenant improvements, operating expenses, and other fees.

AI estimate from the solicitation

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