OREANDA-NEWS. San Francisco International Airport has commenced the Request for Proposals (RFP) for the Terminal 3 East Bookstore Lease, and invites you to attend the informational conference scheduled for Wednesday, January 14, 2015, at 2:00 p.m. at the Terminal 2 Partnering Room, Room 2.20, at San Francisco International Airport. This is a time when staff will discuss desired concepts, minimum qualification requirements, address any questions relating to this Lease and receive comments from participants.

The Lease is intended to offer the nonexclusive sale of merchandise reflective of the proposed concept(s). The lease space is a Bookstore location, approximately 2,435 square feet, and is located in the post-security Plaza of Terminal 3, Boarding Area F. The lease term is seven years with a single two-year option to extend, exercisable at the Airport Commission's discretion. The minimum acceptable proposal amount, which will also be the successful Proposer's minimum annual guarantee for the first year of the Lease, is USD 400,000. Annual Rent shall be the higher of the Minimum Annual Guarantee or the sum of the percentage rent structured as follows: 8% of Gross Revenues achieved up to USD 2,000,000.00; plus, 10% of gross revenues achieved over USD 2,000,000.00.