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North Carolina State University·North Carolina

Acquisition By Lease - NC State University - DASA/TRIO Programs

Closes 9/29/2026$200k – $350kRequest for Proposal
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Description

North Carolina State University’s DASA/TRIO Programs are seeking a landlord to lease approximately 3,000 sf of office space within a 10‑mile radius of the Raleigh main campus. The lease term is three years with two optional one‑year renewals, commencing July 2027. Required space includes private offices, open workstations, a 10‑seat conference room, reception, break room, work/copy room, storage, and on‑site parking. The university may use a third‑party tenant representative and requires the standard NC State space‑lease form. Proposals must be submitted electronically via the eVP portal; faxed proposals are not accepted. • Approx. 3,000 sf total, net square footage to be calculated per NC State guidelines • Lease term: 3 years + up to 2 × 1‑year renewals (no uncapped CPI increases) • Space mix: private offices, open workstations, conference room (10 seats), reception, break room, work/copy room, storage • On‑site employee parking required (quantity to be specified by lessor) • Commencement: July 2027 • Location: Raleigh, NC (within 10 mi of main campus) • Submission: electronic via eVP portal by the deadline (date not specified) • University may engage a tenant‑representation firm • Compliance: building must be free of asbestos/lead paint, meet OSHA/ADA standards, and support recycling initiatives.

Attached files

Contact

Lisa Van Roekel

Key dates

Opened
9/22/2026
Closes
9/29/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
63-RFP-9.2026

Budget estimate

$200,000 – $350,000

Assuming a market rent of roughly $30 – $45 per square foot per year for office space in Raleigh, a 3,000 sf lease would generate $90,000 – $135,000 annually. Over the base three‑year term this equals $270,000 – $405,000. Accounting for possible variations in rent, parking fees, and optional services, a reasonable estimate for the total contract value is between $200,000 and $350,000.

AI estimate from the solicitation

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