Desert Healthcare Recommends Five-Year LabCorp Lease
Desert Healthcare DistrictSpecial District · Palm Springs, CA- Disclosed value
- Estimated revenue of $379,826 over the base lease term; initial base rent of $50,160 annually ($4,180 monthly); Tenant Improvement Allowance not to exceed $33,000
- From contract
- Document date
- Nov 1, 2026
- Renews
- Free account
The 30-second brief
Desert Healthcare District staff recommended approval of a five-year lease with Laboratory Corporation of America for approximately 2,200 square feet at Las Palmas Medical Plaza. The lease begins November 1, 2026, generates an estimated $379,826 in rent and CAM revenue, includes annual 3% rent increases, and provides a Tenant Improvement Allowance of up to $33,000.
Laboratory Corporation of America holds this facilities contract with Desert Healthcare District. Its other public contracts on record include work for Fremont County and Sherburne County.
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Contract details
- Contract type
- Facilities
- Amount
- Estimated revenue of $379,826 over the base lease term; initial base rent of $50,160 annually ($4,180 monthly); Tenant Improvement Allowance not to exceed $33,000
- Document date
- November 1, 2026
- Term
- November 1, 2026 – October 31, 2031 (five years)
- Renews
- On record
- Source document
- Desert Healthcare District Contract Lease Agreement - Laboratory Corporation of America 2026-11-01 (Contract)
Laboratory Corporation of America's other public contracts
More Desert Healthcare District contracts
Questions about this contract
Who was awarded the facilities contract by Desert Healthcare District?
Laboratory Corporation of America was awarded this facilities contract by Desert Healthcare District, as recorded on November 1, 2026. The contract value is Estimated revenue of $379,826 over the base lease term; initial base rent of $50,160 annually ($4,180 monthly); Tenant Improvement Allowance not to exceed $33,000.
How much is the Laboratory Corporation of America contract with Desert Healthcare District worth?
The Laboratory Corporation of America contract with Desert Healthcare District is valued at Estimated revenue of $379,826 over the base lease term; initial base rent of $50,160 annually ($4,180 monthly); Tenant Improvement Allowance not to exceed $33,000, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a contract record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Desert Healthcare District Contract Lease Agreement - Laboratory Corporation of America 2026-11-01 (Contract), dated November 1, 2026 from Desert Healthcare District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Laboratory Corporation of America hold?
Laboratory Corporation of America may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Desert Healthcare District currently buying?
Explore Desert Healthcare District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.