X1DB--Salt Lake City, UT OPC - Lease Award Synopsis RLP: 36C10F23R0061 36C10F24L0010
Summary
AI-generated · Oct 09, 2025A 20-year firm lease was awarded for 85,042 Net Usable Square Feet of medical space plus 600 parking spaces at 3711 State Street, Salt Lake City, for a Salt Lake City Outpatient Clinic. The award was granted to Legacy Investment and Management, LLC, with the lease start date to be specified in a Lease Amendment after substantial completion and acceptance of the space. The Total Lease Contract Value is $200,500,000, reflecting the initial award amount plus any option periods and lump-sum tenant improvements included in the rent schedule; lump-sum TI costs are based on the allowances and are computed using the lease ABOA square footage and allowance value.
This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F23R0061, to lease 85,042 Net Usable Square Feet (NUSF) of medical space and 600 parking spaces for a 20-year firm term at 3711 State Street in Salt Lake City, UT for the Salt Lake City, UT Outpatient Clinic (OPC). The Lease has been awarded to the following Lessor: LEGACY INVESTMENT AND MANAGEMENT, LLC 100 N. City Parkway, STE 1520 Las Vegas, NV 89106-4614 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)*: $200,500,000.00 *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.
From Award Notice posted on Sep 29, 2025Notice history
1Details
Award Information
Award Notices
Posted: Sep 29, 2025
This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F23R0061, to lease 85,042 Net Usable Square Feet (NUSF) of medical space and 600 parking spaces for a 20-year firm term at 3711 State Street in Salt Lake City, UT for the Salt Lake City...
Awardees
| Company Name | UEI | CAGE Code | Location |
|---|---|---|---|
| Legacy Investment and Management, LLC | CTPRMLZVYV95 | 9FXV7 | Las Vegas, NV |
Contacts
Lease Contracting Officer
Phone
Phone
Agency
Place of Performance
USA