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

Palm Beach County Department of Airports·Florida

short LEASE OF UP TO +/-1.04 ACRES AT PBI

Closes 1/5/2026$73k – $400kRequest for Proposal
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Description

The Palm Beach County Department of Airports is seeking proposals for the lease of up to 1.04 acres of unimproved land at the Palm Beach International Airport. The lease is for a short-term period, with an initial term of up to one year and optional renewals for up to four additional years. The property is offered for interim uses compatible with airport operations, and the minimum annual rental is $1.60 per square foot. Proposers must propose to lease no less than 21,780 contiguous square feet (.50 acre) of the property. The key aspects of the proposal include: • Proposed square footage to be leased • Proposed initial lease term and any renewal terms • Proposed initial annual ground rental • Proposed use of the property • Maintenance and security requirements The Department's goals for this RFP are to provide for the short-term lease of the property, reduce on-going maintenance and security costs, and generate revenues for the operation and maintenance of the County's Airport System.

Attached files

Contact

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

[email protected]

(561) 471-7472

Key dates

Opened
12/4/2025
Questions due
12/19/2025
Pre-bid meeting
12/17/2025Mandatory
Closes
1/5/2026
Duration
1 year with optional renewals for up to 4 additional years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531100
Solicitation №
RFP-120-RFP PB 25-11-1

Budget estimate

$73,000 – $400,000

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

AI estimate from the solicitation

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