Killeen, TX OPC (PACT Act Lease) - Lease Award Synopsis

This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F24R0005, to lease 234,830 ANSI/BOMA square feet (equal to 247,371 RSF) of medical space and 1,350 parking spaces for a 20-year firm term at 552 Robert Griffin III Boulevard, Copperas Cove, TX 76522 for the Killeen, TX Outpatient Clinic (OPC). The Lease has been awarded to the following Lessor: MEDICAL OFFICE ENTERPRISES 3, LLC 420 N Main Street East Peoria, IL 61611-2018 The commencement date of this Lease shall be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government.

Total Lease Contract Value (TLCV)*: $353,149,498.00 *Note: The Total Lease Contract Value (TLCV) recited herein is the entire lease award amount at initial award, including the dollar value of option periods, if applicable, plus any lump-sum and/or amortized tenant improvement costs reflected in the rent schedule. Lump-sum tenant improvement costs based on allowances and definitized post-award/post-design are computed based on the lease ABOA SF and allowance value.