Government Contract | California
Terminal 3 Retail Marketplace Lease

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Bid Information

Bid Alert No: 00000573559

Bid Title: Terminal 3 Retail Marketplace Lease

Agency Bid No. Title: Not Stated

Received Date: 05/17/2016

Close Date: 06/07/2016

Purchase Type: Term:

Delivery Point: San Francisco International Airport, San Francisco, California

Delivery Date: Not Stated


Specifications include, but are not limited to:a. Term. The base term for the Lease is approximately Seven (7) years, plus a period ofup to ninety (90) days for construction of tenant improvements. The AirportCommission will have two (2) options to extend the term by one (1) year each,exercisable at its sole and absolute discretion.b. Permitted Use. The non-exclusive sale of merchandise reflective of a retailmarketplace concept with a minimum of four distinct product zones, one of whichmay be a newsstand, as more particularly described on Exhibit B of the Lease. Thesuccessful Proposer shall operate the Premises in strict conformity with the PermittedUse requirements of the Lease.c. Rent. For each year of the Lease, the base rent is the greater of the Minimum AnnualGuarantee (MAG) or the sum of the percentage rent structured as follows:12% of Gross Revenues achieved up to and including $2,000,000.00; plus14% of Gross Revenues achieved from $2,000,000.01 up to and including$4,000,000.00; plus16% of Gross Revenues achieved over $4,000,000.00.

Bid Related Documents

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Bid Related Attachments

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Product Code: 90535

Agency Information

Issuing Agency: San Francisco International Airport

State: California

Agency Type: State and Local

Contact: Scott Blood, Revenue Development and Management Division 575 North McDonnell Road, Suite 3-329, PO Box 8097, San Frrancisco, California, 94128

Fax: 650-821-4519




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