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  5. ›Santa Ana Regional Transportation Center Leasing Opportunity

City of Santa Ana·California

Santa Ana Regional Transportation Center Leasing Opportunity

Closes 7/30/2026$500k – $2MRequest for Proposal
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Description

The City of Santa Ana seeks a high‑quality, destination‑oriented tenant (or group of tenants) to lease commercial space inside the Santa Ana Regional Transportation Center (SARTC) and transform it into a vibrant, visitor‑serving marketplace. The lease includes a variety of suite sizes ranging from small kiosks (~55 sf) to a large office (~6,630 sf) and an outdoor patio, with rent rates of $2.50‑$4.50 per sq ft per month for retail/food spaces and $1.75‑$3.25 per sq ft per month for office spaces, plus a common‑area‑maintenance charge of approximately $2.82 per sq ft per month. Prospective lessees must submit a full proposal package (certifications, references, non‑collusion affidavit, etc.) via PlanetBids by July 30, 2026, and will be evaluated on a 100‑point rubric covering concept quality, activation strategy, operational capacity, design, financial strength, lease terms, and partnership potential. The initial lease term is three years, with up to two additional one‑year extensions, and proposals must remain valid for 180 days. • Lease of commercial space (55 sf – 6,630 sf) at SARTC with rent and CAM charges. • Required submission of certifications, references, and non‑collusion affidavit via PlanetBids. • Evaluation based on concept quality, activation plan, financial capacity, and lease proposal; optional interviews may be conducted. • Lease term up to 5 years (3 yr + two 1‑yr extensions) with rent fixed for the initial term.

Attached files

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

Contact

Yesenia Cruz(Primary Contact)

[email protected]

(714) 647-5466

Key dates

Opened
7/9/2026
Questions due
7/23/2026
Pre-bid meeting
7/16/2026
Site visit
7/16/2026
Closes
7/30/2026
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531130
Solicitation №
26-065

Budget estimate

$500,000 – $2,000,000

The lease rent for the largest suite (6,630 sf) can range from roughly $2.50 to $4.50 per sq ft per month plus $2.82 CAM, yielding an approximate monthly rent of $48,600 to $52,200, or $583,200‑$626,400 annually. Over the initial three‑year term, total rent revenue could be $1.75 M‑$1.88 M. Smaller suites generate proportionally less revenue. Considering tenant‑improvement costs and potential variability, a realistic project‑level budget range is estimated between $0.5 M and $2 M over the lease term.

AI estimate from the solicitation

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