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  4. ›GSA Seeks Lease Space in Watertown, SD

U.S. General Services Administration·District of Columbia

GSA Seeks Lease Space in Watertown, SD

Closes 4/13/2026$500k – $1MRequest for Proposal
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Description

The Government is seeking to lease space in Watertown, South Dakota, with a minimum of 5,292 to a maximum of 5,557 square feet of contiguous space. The lease term and other terms and conditions are outlined in the Request for Lease Proposals (RLP) documents. The successful Offeror will be required to provide a firm offer, and the Government will award the lease to the selected Offeror. The lease will include requirements for accessibility, fire protection and life safety, and security. Some key requirements include: • The space must be located in a modern quality building with a facade of stone, marble, brick, stainless steel, aluminum, or other permanent materials in good condition. • The space must have 19 parking spaces, with 10 unfenced/surface parking spaces and 9 fenced/surface parking spaces. • The Offeror must include the cost of parking as part of the rental consideration. • The space must meet the requirements for energy efficiency and conservation improvements. • The Offeror must provide a test fit layout at their expense, if requested by the Government.

Attached files

Contact

Dana McNeil(Alternate Government Contact)

[email protected]

(503) 383-1783

Key dates

Opened
11/19/2024
Closes
4/13/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
0SD2136

Budget estimate

$500,000 – $1,000,000

The budget for this opportunity is not explicitly stated in the document. However, based on the requirements for the lease space, it can be estimated that the annual rent could be in the range of $100,000 to $200,000, depending on the location, size, and condition of the space. The total budget over the lease term could be in the range of $500,000 to $1,000,000, assuming a 5-year lease term. Factors that may influence the likely payment range include the location, size, and condition of the space, as well as the level of competition for the lease.

AI estimate from the solicitation

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