X1LZ--SUCCEEDING LEASE - PALO ALTO, CA
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The Department of Veterans Affairs (VA) currently leases 385 parking spaces in Palo Alto, California, with the existing lease expired as of December 31, 2017. The VA is evaluating alternative surface parking lots to ensure economic efficiency but plans to continue its current occupancy if no suitable alternatives are found. Any new lease will be pursued as a sole source acquisition under General Services Administration Acquisition Manual guidelines for succeeding leases. The primary requirement is a surface parking lot with at least 385 standard-sized parking spaces, located within a five-minute walking distance from the VA Palo Alto Health Care System campus. The site must be accessible 24/7, within defined geographic boundaries, outside FEMA-designated flood zones, and free from proximity to incompatible uses such as correctional institutions or illicit activity centers. Interested parties must submit expressions of interest via email by April 18, 2023, providing detailed information about the offered location, ownership verification, number of parking spaces, comprehensive rental rates broken down by components (base rent, property taxes, insurance, maintenance, and operating expenses), zoning facts, site plans, and confirmation that all government requirements are met. The lease term will span 20 years, including a 15-year fixed term and a 5-year optional term with termination rights. The VA emphasizes considerations related to transportation costs and the timely access of veterans to appointments, and any decision to relocate will be dependent on evaluated responses. This notice is strictly for information gathering, not a solicitation for lease proposals or offers, and costs related to responses will not be reimbursed by the government.
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