LOI_____T3_BAE_Travel_Convenience_Store_Lease__an_SBSA.pdf

June 5, 2026

To: Interested Parties

Subject: Solicitation of Proposal for Terminal 3 Boarding Area E Travel Convenience Store Lease, a Small Business Set-Aside

San Francisco International Airport is preparing to commence the selection process for the Terminal 3 Boarding Area E Travel Convenience Store Lease, a Small Business Set-Aside, that consists of one location.

We invite you to participate in the Proposal process. Enclosed for your information is a summary of the proposed business terms for this lease.

There will be an Informational Conference, Submittal Workshop, and tour of the premises on Thursday, July 16, 2026, at 10:00 a.m. (PT), at the Renemu Conference Room, Room Number T2.2.003, in the Terminal 3 Connector, departures level, pre-security, at the San Francisco International Airport.

If you are interested in receiving further information for this opportunity and attending the Informational Conference, please complete the response form and RSVP by 5:00 p.m. (PT), Tuesday, June 30, 2026.

Link for RSVP: Terminal 3 Boarding Area E Travel Convenience Store Lease, an SBSA (RSVP)

Please note: Each person from the same company wishing to attend the Informational Conference must complete a separate form.

Proposal documents can be viewed and downloaded after Friday, June 5, 2026, at:

https://www.flysfo.com/business/current-opportunities.

Thank you for your interest and we look forward to your positive reply.

Sincerely, Cheryl Brennan Director Revenue Development and Management

Enclosures cc: Evelyn Reyes-Dizadji, SFO-RDM

X:\Concession Opportunities\2027 F&B and Retail Leases RFP\Letter of Interest\T3 Travel Convenience\LOI – Terminal 3 BAE Travel Convenience Store Lease, an SBSA.docx

Docusign Envelope ID: C1EE14DF-BF09-8115-8088-AFE36D2DC71C https://forms.cloud.microsoft/Pages/ResponsePage.aspx?id=z8LVIj7OPUSaf9_MAjH3P-rDinwiNv5PiNozDMxTfn1URTZHNEVYT0xaWk4zR0FGNEs3VU9TQ0FVWi4u https://www.flysfo.com/business/current-opportunities

Attachment

Terminal 3 Boarding Area E Travel Convenience Store Lease, a Small Business Set-Aside

PROPOSED MINIMUM QUALIFICATION REQUIREMENTS

Concept: Newsstand/Travel Convenience

Minimum Qualification Requirements:

• Proposer must have a minimum of three years within the past five years (qualifying years) in the ownership or management of a newsstand or travel convenience store.

• Proposer must have achieved gross sales per qualifying year of at least $1 million per qualifying year from a single newsstand or travel convenience store.

• The Airport has established an Airport Concessions Disadvantaged Business Enterprise (ACDBE) Program in accordance with the regulations of the U.S. Department of Transportation (DOT), 49 CFR Part 23. The ACDBE Program includes a Small Business Element that provides concession opportunities for small businesses. To qualify for this concession opportunity, proposers must be certified as a Tier 2 Small Business Enterprise Concession (SBEC) by SFO.

• A Tier 2 SBEC is defined as a for-profit small business concern whose annual gross receipts, including those of affiliates, averaged over the last five (5) years—or over the length of time the firm has been in business if less than five years—do not exceed $56.42 million. Additionally, the owners of at least 51% of the firm may not have a personal net worth exceeding $2.05 million, excluding equity in a primary residence, equity in the applicant firm, and retirement accounts.

Minimum Acceptable Offer:

$325,000.00. The successful proposer’s offer shall be the initial Minimum Annual Guarantee (MAG).

Proposal Deposit Amount:

$50,000.00

Docusign Envelope ID: C1EE14DF-BF09-8115-8088-AFE36D2DC71C a Small Business Set-Aside

PROPOSED LEASE SPECIFICATIONS

Term: 14 years.

Premises: Approximately 493 square feet of retail space in Terminal 3 Boarding Area E, post-security of the Airport.

Base Rent: The greater of the MAG or Percentage Rent as follows:

• 14% of gross revenues achieved up to $500,000.00, plus

• 16% of gross revenues achieved from $500,000.01 up to and including $1,000,000.00, plus

• 18% of gross revenues achieved over $1,000.000.00.

Security Deposit Amount:

One-half (1/2) of the MAG, to be adjusted mid-term.

Permitted Use: Required: Tenant shall operate a newsstand and display the following items:

• Major bestselling national periodicals and magazines

• Paperback and hardback books including those on the New York

Times bestsellers

• Candy, gum and breath mints

• Snack such as chips, cookies, and nuts

• Travel essentials such as neck pillows, sleep necessities, masks, blankets, locks, etc.

• Refrigerated grab ‘n go food and beverage items such as sandwiches, salads, water, cold beverages, yogurt parfaits, fruit cups, and cheese/protein snack packs. The display and refrigerated grab ‘n go items shall be limited to no more than 8 linear feet

• Electronics accessories such as headphones and chargers, but the display of such electronic-related accessories shall be limited to no more than 4 linear feet

• SF souvenir items such as t-shirts, mugs, postcards, and key chains a Small Business Set-Aside

Permitted Use:

(continued)

Optional: Tenant may sell the following on a limited basis:

• Licensed professional sports team apparel

• Locally sourced bath and body products

• Toys

Any other merchandise or service(s) proposed by the Tenant is subject to review and approval by the Airport Director in writing.

Minimum Improvement Amount:

$1,000 per square foot or an amount satisfactory to meet the requirements of the Design Review Committee and the Tenant Design Guidelines.

Construction Period / Tenant Improvement (TI) Period:

Total of 210 days from turnover of Premises.

SELECTION CRITERIA

Criteria Points

1 Proposed Concept 40

2 Design Intent and Capital Investment 25

3 Customer Service and Quality Control 15

4 Business Plan – Financial Pro-Forma 10

5 Minimum Annual Guarantee Offer 10

Total Possible 100 a Small Business Set-Aside

Exhibit A – Premises

Newsstand