The Airport Commission has commenced the Request for Proposals (RFP) process for the Terminal 3 Pop-Up Retail Concession Program.
This business opportunity is intended for the non-exclusive sale of specialty retail merchandise. The Minimum Annual Guarantee for the term of the agreement is $27,000.00 for Space 1, which measures approximately 304 square feet, and $36,000.00 for Space 2, which measures approximately 429 square feet.
The terms are twenty-four months for each space, commencing on the first Rent Commencement Date. Annual Rent shall be the higher of the Minimum Annual Guarantee or 8% of Gross Revenues. In addition to the Annual Rent, tenant shall pay a Tenant Improvement Reimbursement Fee over the twenty-four month term of $20,523.00 for Space 1 or $28,962.00 for Space 2.
An Informational Conference will be held on:
- Date: Wednesday, October 9, 2019
- Time: 10:00 a.m.
- Where: Consolidated Administration Campus
674 Westfield Road, 1st Floor, Room 1B
San Francisco International Airport
This is a time when staff will discuss desired concept, minimum qualification requirements, address any questions relating to the lease and receive comments from participants. Small, local and disadvantaged businesses are encouraged to participate.
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