The Airport Commission has commenced the Request for Proposals (RFP) process for the International Terminal Boarding Area A Electronics Store Lease and the Terminal 3 Boarding Areas E and F Electronics Stores Lease. The Request for Proposals includes three Electronics Store locations at San Francisco International Airport.
The proposed minimum financial offer for each of the Leases is $250,000.00 with a term of ten years each. Rent for both Leases shall be the higher of the Minimum Annual Guarantee or the sum of the percentage rent structured as follows: 8% Licensed Electronics and Hardware products; plus 12% of Gross Revenues achieved up to and including $500,000.00; plus 14% of Gross Revenues achieved from $500,000.01 up to and including $1,000,000.00; plus 16% of Gross Revenues achieved over $1,000,000.00. Small, local and disadvantaged businesses are encouraged to participate.
The Informational Conference will be held on Wednesday, April 4th, 2018 at 10:00 a.m. at the Terminal 2 Partnering Conference Room, at San Francisco International Airport.
Please see http://www.flysfo.com/business-at-sfo/current-opportunities for additional information or call John M. Reeb, Senior Principal Property Manager, Revenue Development and Management Department, (650) 821-4500.
