36C26324L0004 New/Relocating Grand Forks Outstation Lease 5yr Firm, 15yr Soft 9/11/2024-9/10/2044
Award Notice Posted
- Solicitation number
- 36C26324L0004
- Agency
-
Veterans Integrated Service Network 23
Veterans Health Administration, Department of Veterans Affairs
- Awarded
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 36C26324L0004
- NAICS code
- 531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
- PSC
- X1AA Lease/Rental Of Office Buildings
- Place of performance
- Grand Forks, North Dakota, United States
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
This Award Notice announces that the United States Government has accepted an offer to lease 2,389 rentable square feet of space for a Department of Veterans Affairs (VA), Readjustment Counseling Service Veterans Center (Vet Center) in Grand Forks, ND. The awarded contract, valued at $2,046,330.63, is for a 20-year lease term with 5 years firm, and includes Tenant Improvements and FSL II BSAC of $554,404.03. The annual rent for the first year is $55,568.14, with shell rent increases every 5 years and yearly operating rent increases.
Notice text
This serves as notice that the United States Government has accepted an offer to lease 2,389 rentable square feet of space yielding 2,180 ANSI/BOMA office area square feet as a New/Relocating Lease acquisition for a Department of Veterans Affairs, Readjustment Counseling Service Veterans Center (Vet Center) located at 1407 24th Ave S, Grand Forks, ND 58201. The leased premise includes 10 surface parking spaces of which 10 parking spaces are reserved as part of rent consideration. The lease has been awarded to RISE Companies, LLC in Hawley, MN.
Tenant Improvements and FSL II BSAC have been included in the amount of $554,404.03 to be paid lump sum upon buildout completion and acceptance of space.
Rent Commencement is planned for May 2025 to be paid at a Fully Serviced annual rent of $55,568.14 (Year 1) with shell rent increases every 5 years and yearly operating rent increases.
The lease terms are set at 20 years, 5 years firm. VA may terminate this lease after the firm term with 90 days written notice to the Lessor.
Awarded contract 36C26324L0004 to RISE COMPANIES, LLC for 2046330.63 on 2024-09-11.
Notice history
| Notice | Type | Posted |
|---|---|---|
| This notice | Award Notice | |
| Looking to Lease - Grand Forks, ND Outstation - Replacing | Solicitation | |
| Sources Sought Expressions of Interest New Replacing Grand Forks, ND Outstation Lease | Pre-Solicitation |
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