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  5. ›SHORT TERM LEASE OF UP TO +/-1.04 ACRES AT PBI

Palm Beach County Department of Airports·Florida

SHORT TERM LEASE OF UP TO +/-1.04 ACRES AT PBI

Closes 2/18/2026$25k – $500kRequest for Proposal
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Description

The Palm Beach County Department of Airports is seeking proposals for a short-term lease of up to 1.04 acres of unimproved land at the Palm Beach International Airport. The property is offered for interim uses compatible with airport operations, and the initial term of the lease will be limited to one year with possible renewal for up to four additional years. The minimum annual rental is $1.60 per square foot of ground area. Proposers must propose to lease no less than 21,780 contiguous square feet (0.50 acre) of the property. Key considerations include maintaining an internal driveway on the property and installation of fencing, lighting, and security measures. The proposer will be required to execute a lease agreement substantially similar to the one attached to the RFP. Some key points to consider: • The property is located at the southwest corner of the Palm Beach International Airport • The property is offered for a short-term lease for interim uses compatible with airport operations • The initial term of the lease will be limited to one year with possible renewal for up to four additional years • The minimum annual rental is $1.60 per square foot of ground area • Proposers must propose to lease no less than 21,780 contiguous square feet (0.50 acre) of the property

Attached files

Contact

Shawna Larose(Deputy Director – Airports, Real Estate and Concessions)

[email protected]

(561) 471-7472

Key dates

Opened
1/21/2026
Questions due
2/4/2026
Pre-bid meeting
1/30/2026Mandatory
Closes
2/18/2026
Duration
1 year with possible renewal for up to 4 additional years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP-120-RFP PB 26-1-1

Budget estimate

$25,000 – $500,000

Based on the minimum annual rental of $1.60 per square foot and the maximum lease area of 45,871 square feet, the total annual rental revenue could be up to $73,393.60. Considering the lease term can be up to 5 years, the total budget for the lease could be around $366,968.00. However, this is a rough estimate and the actual budget may vary depending on the proposed lease terms and the County's evaluation of the proposals.

AI estimate from the solicitation

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