Building Lease - Surplus Property

The North Dakota Building Lease - Surplus Property multi-award vehicle is a state contract for leasing surplus property buildings primarily located in the Igoe Industrial Park in Burleigh County. The vehicle provides the State of North Dakota with access to approximately 63,320 square feet of industrial space across multiple lots, specifically in Block One and Block Two. This contract enables the state government to maintain flexible, cost-effective facilities for surplus property management, with the leased premises serving critical operational needs for state agencies.

The current contract is held by Apple Creek, L.L.P. and is administered by the North Dakota Office of Management and Budget, Division of Central Services. The contract was originally established on July 1, 2011, with the current term extended through June 30, 2028. The lease includes an option for an additional 10-year renewal, with annual rental rates escalating from $18,000 initially to $101,876.05 in the tenth year. The contract covers the entire state of North Dakota and is structured as a term lease with specific provisions for payment, maintenance, and potential future modifications, including a potential roof replacement clause and the state's ability to discontinue the lease while maintaining spending authority up to $800,000.