The Airport Commission has commenced the Request for Proposals (RFP) process for the Terminal 2 Sunglass or Cosmetics Store Lease. The Lease is comprised of one location totaling 723 square feet in Terminal 2.
The proposed minimum financial offer for the Terminal 2 Sunglass or Cosmetics Store Lease is $125,000.00. The Lease shall have a term of seven years. Rent shall be the higher of the Minimum Annual Guarantee or the sum of the percentage rent as follows: 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 over $1,000,000.01.
Small, local, and disadvantaged businesses are encouraged to participate.
The Informational Conference will be held on Wednesday, June 20th, 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 Nanette Hendrickson, Assistant Director, Revenue Development and Management Department, (650) 821-4500.
