This Government Contract opportunity from General Services Administration was posted on February 15, 2017. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Office Space Lease Award
Contract Overview
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This office space lease award, designated as Project No. 4FL0344 and Lease GS-04P-LFL60359, was awarded on February 8, 2017, by the General Services Administration. The agreement is for a property located at the Rhodes Building, 41 N. Jefferson Street, Pensacola, Florida, leased from 41 N Jefferson Street, LLC. The facility provides 5,450 usable square feet and 6,424 rentable square feet, including 12 reserved surface parking spaces. The lease began on February 9, 2017, with a five-year firm term and a total potential term of ten years. The government maintains the right to cancel the lease via 120 days written notice following the initial five-year firm period. Financial terms include a starting annual rent of 156,896.97 dollars, consisting of shell rent that escalates annually by two percent and base operating rent adjusted by the Consumer Price Index. A general tenant improvement allowance of 46,823.60 dollars was provided for paint and carpet, which is amortized over 60 months at an annual cost of 11,370.48 dollars. There are no additional options for extension beyond the total term, and there are no charges for overtime HVAC.
General Info
Contract Value
$1,644,658Place of Performance
GASet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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