36C26324L0006 Minot Vet Center Superseding Expansion Lease 5yr Firm, 15yr Soft

Award Notice Posted

Solicitation number
36C26324L0006
Agency
Awarded
Set-aside
8(a) Sole Source

Opportunity facts

Contract number
36C26324L0006
NAICS code
531120 Lessors of Nonresidential Buildings (except Miniwarehouses)
PSC
X1AA Lease/Rental Of Office Buildings
Place of performance
Minot, North Dakota, United States
Points of contact

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of Veterans Affairs, Veterans Integrated Service Network 23 has awarded a 20-year lease, with a 5-year firm term, to Motex Holiday, LLC in Liberty, MO for the Minot, ND Veterans Center. The lease is for 3,952 rentable square feet of space, including 30 parking spaces, with $147,904 in tenant improvements and finishes to be paid upon completion. The annual rent for the first year is $182,859.04, with annual shell rent increases and operating cost adjustments over the 20-year lease period.

Notice text

This serves as notice that the United States Government has accepted an offer to lease 3,952 rentable square feet of space yielding 3,800 ANSI/BOMA office area square feet as a Superseding/Expansion Lease acquisition for a Department of Veterans Affairs, Readjustment Counseling Service Veterans Center (Vet Center) located at 3300 S Broadway, Minot, ND 58701. The leased premise includes 30 surface parking spaces of which 30 parking spaces are reserved as part of rent consideration. The lease has been awarded to Motex Holiday, LLC in Liberty, MO.

Tenant Improvements and FSL II BSAC have been included in the amount of $147,904.00 to be paid lump sum upon buildout completion and acceptance of space.

Rent Commencement is planned for August 2025 to be paid at a Fully Serviced annual rent of $182,859.04 (Year 1) with annual shell rent increases and operating costs adjustment.   

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 36C26324L0006 to MOTEX HOLIDAY LLC for 147904.00 on 2024-11-04.

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