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  5. ›Notice of RFP - Lease of Commercial Building

Borough of Atlantic Highlands·New Jersey

Notice of RFP - Lease of Commercial Building

Rolling / TBD close$50k – $200kRequest for Proposal
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Description

The Borough of Atlantic Highlands is seeking proposals from qualified vendors to operate a business concession at its municipal marina location (Block 118, Lot 2.02, 17 First Avenue). The contractor will lease the commercial space and run a retail or food‑service operation serving marina patrons and the general public. Full specifications, lease terms, performance requirements, and any financial arrangements are contained in the complete RFP package available on the borough’s website. • Scope: Operate a commercial concession (retail, food‑service, or similar) on waterfront marina property. • Location: Atlantic Highlands Municipal Marina, Monmouth County, NJ. • Submission: Sealed bids must be delivered to the Borough Administrator at 100 First Avenue by 11:00 a.m. on April 7, 2016. • Procurement: Competitive sealed‑bid RFP; all details (qualifications, lease amount, revenue‑share, contract length) are in the full RFP documents.

Attached files

Key dates

Opened
3/15/2016
Closes
Rolling / TBD

Last updated

Details

Type
Request for Proposal
Industry
Hospitality and Tourism
NAICS
722410

Budget estimate

$50,000 – $200,000

No contract value is disclosed, but municipal marina concessions typically generate annual lease revenues ranging from $50,000 to $200,000 depending on size, foot traffic, and profit‑share arrangements. Assuming a modest 5‑year term, total project earnings could fall between $250,000 and $1,000,000. This estimate reflects typical lease rates for waterfront retail spaces in Monmouth County and the potential for ancillary sales revenue.

AI estimate from the solicitation

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