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U.S. Department Of Veterans Affairs·Texas

New Lease for VA Clinic (CBOC) Tarrant County, Texas

Closes 11/20/2026$30M – $50MRequest for Proposal
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Description

The Department of Veterans Affairs is seeking lease proposals for a new Community‑Based Outpatient Clinic (CBOC) in Tarrant County, Texas. The lease will cover approximately 14,719–15,719 ABOA square feet of contiguous clinical space in an existing building, with at least 138 surface parking spaces, and must be ready for occupancy by July 2027. The contract will be a 20‑year term (10‑year firm term) with a fully‑served (“full‑service”) lease structure that includes rent, operating costs, tenant‑improvement and building‑specific amortized capital components. Key requirements include modernized facilities, compliance with VA security, accessibility, and health‑safety standards, as well as provision of required utilities, janitorial services, and parking. • Lease size: ~15,000 ABOA sq ft (max 21,220 RSF) in a one‑story, modern‑quality building. • Required parking: 138 surface spaces, to be included in the rent. • Lease term: 20 years total, 10‑year firm term with termination rights after the firm period. • Occupancy target: July 2027; tenant‑improvement allowance up to $425 per ABOA sf (per amendment 0004). • Submission deadline: November 20 2026, 3 pm CST (extended by Amendment 0005).

Attached files

Contact

TaShia Marsh‑Brown(Primary)

[email protected]

Key dates

Opened
10/9/2026
Questions due
9/1/2026
Closes
11/20/2026
Duration
20 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
36C24W26R0055

Budget estimate

$30,000,000 – $50,000,000

The lease is a fully‑served, 20‑year agreement with an estimated rent of roughly $150 – $425 per ABOA sq ft (tenant‑improvement allowance). Assuming an average of $250 per ABOA sq ft for 15,000 sq ft, annual rent would be about $3.75 million. Over a 20‑year term, the present‑value of cash flows is roughly $30 million to $50 million, depending on escalation, discount rate, and the exact TI allowance. Thus a realistic budget range for the lessor is in the low‑tens of millions.

AI estimate from the solicitation

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