X1DB--VISN 10 Optical Lab Succeeding Lease

The Department of Veterans Affairs awarded a long-term lease to Dividend Investment for a 10,400 rentable square foot optical laboratory located at 5610 Dividend Road, Suite B, Indianapolis, Indiana. The lease, which spans 20 years with 15 years firm, includes parking for 57 vehicles and is intended to support VA's optical services. The annual unserviced rent is set at $121,368, with a lump sum payment of $424,537.18 allocated for build-out costs, culminating in a total contract value of approximately $6.68 million. The lease was awarded on September 17, 2025, under contract number 36C25025L0009, and is managed by the VA's Network Contract Office 10, with primary contact provided for further inquiries. This contract aligns with the NAICS code 531120, which pertains to lessors of residential buildings and dwellings, indicating its focus on leasing property for operational use. The agreement ensures the VA has dedicated space to operate its optical laboratory efficiently, with provisions for necessary build-out and parking accommodations. The procurement process was overseen by the Dayton-based office of the VA, with detailed contact information available for contract management and further coordination.