San Francisco International Airport (SFO) is preparing to tender two very small post-security ‘Pop-Up’ retail locations in the Terminal 3, Boarding Area E for non-exclusive sales of specialty retail merchandise.

 

SFO say that both spaces will have short 12-month leases, with an annual minimum guarantee of $27,000 allocated to ’Space 1’ (circa 304sq ft) and $36,000 for ‘Space 2’ (circa 429sq ft).

 

In a statement, airport management said: “The terms are twelve months for each space, commencing on the first day Permittee is open for business. 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 twelve month term of $20,523.00 for Space 1 or $28,962.00 for Space 2.

 

 

In an advisory note, the airport adds that an ‘informational conference’ for interested parties to examine the Request for Proposals proposition and to seek any answers to questions about the opportunities has now been scheduled for Wednesday October 5, 2016, at 1400 in the Terminal 2 Partnering Conference Room, at San Francisco International Airport.

 

Airport management says: “At this meeting Airport staff will explain the selection process, and discuss the desired concept, minimum qualification requirements, and address any questions relating to this Permit. Small, local, and disadvantaged businesses are encouraged to participate.

 

“The proposal submittal deadline is 2:00:00 pm San Francisco Time – Wednesday, November 9, 2016.”

 

Any interested parties who might have any questions related to these RFPs are being encouraged to contact Mr Trevor Brumm, SFO Principal Property Manager, Airport Revenue Development and Management Department at Tel: (650) 821-4500.