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U.S. General Services Administration·District of Columbia

General Services Administration (GSA) seeks to lease office space in Ventura, CA

Closes 10/15/2026$2M – $5MRequest for Expression of Interest
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Description

The General Services Administration (GSA) is seeking expressions of interest from owners or authorized representatives of properties in Ventura, California, to lease office/retail space under a full‑service, 10‑year lease (5‑year firm term). The space must be 10,200–10,500 ABOA square feet, meet federal fire‑safety, accessibility, seismic, and sustainability standards, and not be located in a 1‑percent‑annual chance floodplain. Interested parties must submit required property details, rental rates, and operating costs by the deadline. • Defined geographic area: bounded by Freeway 126, Highway 101, Highway 118, and Highway 232. • Minimum/Maximum space: 10,200 – 10,500 ABOA sf; office and retail mix allowed. • Lease terms: 10‑year total term, 5‑year firm term, fully serviced (full‑service rent). • Required documentation: building name/address, contact info, floor‑by‑floor ABOA and rentable SF, full‑service rental rate, operating costs, and ownership consent if submitted by a non‑owner. • Submission deadline: October 15 2026; anticipated occupancy: September 1 2027. • Contact for submission: Lindsay Vanover, Transaction Manager ([email protected]). • Primary GSA contact: Stephen Monkewicz, Broker Contractor ([email protected], (206) 430‑0622).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Stephen Monkewicz(Broker Contractor)

[email protected]

(206) 430-0622

Key dates

Opened
9/25/2026
Closes
10/15/2026
Duration
10 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
4CA1508

Budget estimate

$2,000,000 – $5,000,000

The contract will generate rental income for the property owner. Assuming a full‑service rent of roughly $30‑$45 per ABOA square foot per year (typical for high‑quality office space in Ventura), the annual revenue would be approximately $306,000 – $472,500 (10,200 sf × $30‑$45). Over the 10‑year lease term, total expected earnings range from about $3.1 million to $4.7 million, not accounting for escalations or operating cost adjustments. Therefore, a reasonable ball‑park estimate for the total contract value is $2 million – $5 million.

AI estimate from the solicitation

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