Texas DIR/ESBD #ASHHCLEASE

Ground Lease Opportunity for Mental Health Services Facility in Austin, TX

This opportunity involves a long-term ground lease for a 7.5-acre property at the southeast corner of 45th Street and Lamar Boulevard in Austin, Texas, offered by the Texas Health & Human Services Commission (HHSC). - Property Details: - Approximately 7.5 acres of land - Includes two buildings: one 72,472 sq ft and one 17,095 sq ft - Located at a prominent intersection in Austin, TX - Intended Use: - Restricted to mental health-related services (research, prevention, detection, treatment, care, supervision, rehabilitation) - Revenue-generating activities must align with mental health service provision - Lease Terms: - Up to 49 years with renewal options - Lease rate determined by market evaluation based on bids - Occupancy to begin after lease execution - Notable Requirements: - Strict restrictions on use, hours of operation, sound, and lighting - Easements for utilities and ingress/egress may be required - Bidders must review property details and inspection instructions in the exhibits - No OEMs or specific vendors are mentioned, as this is a real estate lease opportunity.

Description

This solicitation is for the lease of approximately 7.5 acres located at the southeast corner of 45th and Lamar in Austin, Texas. The property includes two buildings, one of 72,472 sq ft and another of 17,095 sq ft, intended for revenue generation and other uses related to mental health services. The lease is proposed as a ground lease for up to 49 years with renewal options, evaluated at market rate. The property is owned by the State of Texas and use is restricted to mental health research, prevention, treatment, care, supervision, and rehabilitation services. Bidders must submit their offers by June 18, 2026, and site visits are available by appointment.

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