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  5. ›Terminal 3 Boarding Area E Travel Convenience Store Lease…

San Francisco International Airport·California

Terminal 3 Boarding Area E Travel Convenience Store Lease, a Small Business Set-Aside

Closes 11/18/2026$1M – $3MRequest for Proposal
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Description

The San Francisco International Airport is offering a 493‑sq‑ft travel convenience store lease in Terminal 3, Boarding Area E, under a Small Business Set‑Aside. The lease runs for fourteen years with a revenue‑share rent structure (14% up to $500K, 16% $500K–$1M, 18% over $1M) and no extension options. Interested bidders must attend a pre‑bid conference (July 16, 2026) and submit proposals through the RFP portal between November 10‑18, 2026. This opportunity is ideal for retailers or operators specializing in travel‑focused convenience services seeking a long‑term airport presence. • 493‑sq‑ft leased space (Space No. E.2.415) post‑security in a high‑traffic terminal. • 14‑year term with revenue‑share rent; no guaranteed minimum disclosed. • Small Business Set‑Aside – only qualifying SBEs may compete. • Pre‑bid conference mandatory for information; submission via online portal.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Evelyn Reyes-Dizadji

[email protected]

(650) 821-4500

Key dates

Opened
6/5/2026
Pre-bid meeting
7/16/2026
Closes
11/18/2026
Duration
14 years

Last updated

Details

Type
Request for Proposal
Industry
Retail Services
NAICS
445120
Solicitation №
SFGOV-0000011881

Budget estimate

$1,000,000 – $3,000,000

Based on the revenue‑share rent formula and assuming an average annual gross revenue of $800,000 for the convenience store, annual rent would be roughly $14% of $500K ($70K) plus 16% of the next $300K ($48K) ≈ $118,000 per year. Over the 14‑year term this yields about $1.65 million in rent payments. If revenues scale higher (e.g., $1.2 M annually) rent could rise to roughly $180K per year, or about $2.5 million total. Therefore a reasonable budget range for the lease is approximately $1 million to $3 million over its life, depending on actual sales performance.

AI estimate from the solicitation

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