Award Synopsis Summary (1).docx

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General Services Administration (GSA) seeks to lease the following space
Solicitation number
3MI0411
Issued by

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This is an Award Synopsis Summary for a GSA lease agreement at Pellston Regional Airport in Pellston, Michigan. The General Services Administration awarded contract 3MI0411 to the County of Emmet (Lessor) on March 11, 2026, for the lease of 763 rentable square feet of space. The lease is being executed through David Boyer as the offeror representative. The lease commences June 1, 2026, with a firm term of five years and a full term of ten years, with no optional renewal periods. The government retains cancellation rights with 90 days' notice.

The rental structure includes a Shell Rental Rate of $12,574.24 annually (Years 1-10), with taxes included, and a Shell Base Operating Rent of $9,430.68, resulting in a Total Annual Rent of $22,004.92 for all ten years. There are no tenant improvement charges, building-specific security costs, or overtime HVAC fees. The total contract award value is $220,492.20. The lease documentation was prepared by CBRE, Inc., serving as the GSA National Brokerage Contractor.

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U.S. General Services Administration

U.S. General Services Administration

Summary of Final Terms and Conditions to be included in the Lease for GS-05P-LMI01292

Property Information:
Pellston Regional Airport

1395 N US Highway 31 Pellston, MI 49769

Lessor Information:
County of Emmet

200 Division Street Petroskey, MI 49770-2486

Offeror Information:
David Boyer

200 Division Street Petroskey, MI 49770-2488

ANSI/BOMA Square Feet (ABOA):
763
Rental Square Feet (RSF):
763
Parking – Surface:
0
Parking – Structured:
0
Estimated Term Begin Date:
June 1, 2026
Firm Term (Years):
Five (5) Years
Full Term (Years):
Ten (10) Years
Option Term(s):
None
Government Cancellation Rights:
90 Days’ Notice
Shell Rental Rate:
Years 1-10 $12,574.24
Taxes:
Included is Shell
Base Operating Rent:
$9,430.68
Tenant Improvement Rent:
None
Building Specific Security Costs:
None
Total Annual Rent:
Years 1-10 $22,004.92
Overtime HVAC Rate:
$0.00
24/7 HVAC Rate:
N/A
Adjustment for Vacant Premises:
$0
Other:
N/A

This letter was prepared for the GSA by CBRE, Inc. under the terms of the National Brokerage Contract. This document contains confidential and privileged information. Distribution or sharing of this documents’ contents to anyone who is not a CBRE, Inc. GSA National Broker Contractor, subcontractor or broker is strictly prohibited.

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File details come from the government source that posted it. Updated .