LOI_-_Terminal_3_East_Video_Game_Lounge.pdf
PDF 272 KB Posted
- Solicitation number
- SFGOV-0000011870
- Issued by
- San Mateo County, San Francisco City, California
About this file
This is a Letter of Intent and Lease Specifications document issued by San Francisco International Airport's Airport Commission for the Terminal 3 East Video Game Lounge Lease. The solicitation invites qualified proposers to participate in a Request for Proposals process for a video game lounge business to be operated in Space No. T3.2.060, consisting of approximately 1,100 square feet in Terminal 3 East at a post-security location. The lease term is fourteen years commencing on the Rent Commencement Date, with no extension options. An Informational Conference is scheduled for Tuesday, July 7, 2026, at 10:00 a.m. (PT) at the Airport Commission Administrative Office in Terminal 3 Connector, departures level, pre-security. Interested parties must RSVP by 5:00 p.m. (PT) on Tuesday, June 30, 2026. Proposal documents are available for viewing and download beginning Thursday, May 28, 2026, at http://www.flysfo.com/business-at-sfo/current-opportunities. Each individual from the same company attending the conference or tour must submit a separate RSVP form.
The Minimum Annual Guarantee (MAG) for the first lease year is $100,000.00, with subsequent year MAGs adjusted to the greater of the existing MAG or eighty-five percent (85%) of the Base Rent from the prior lease year. Base Rent for each lease year shall be the higher of the MAG or ten percent (10%) of Gross Revenues. The proposal deposit is $25,000.00, with the lease deposit set at one-half of the MAG as adjusted. Proposers must invest a minimum of $1,000.00 per square foot ($1,100,000 total minimum) or an amount satisfactory to the Design Review Committee and Tenant Design Guidelines. The construction period is 210 days from turnover of premises. Proposers must meet minimum qualification requirements: ownership or management of a video game lounge business for a minimum of three years within the past five years, with gross sales of at least $1,000,000.00 per qualifying year from a single video game lounge business. Newly-formed entities are permitted if principals satisfy these requirements. Evaluation criteria include Proposed Concept (50 points), Design Intention and Capital Investment (30 points), Customer Service and Quality Control (10 points), and Business Plan (10 points), for a total of 100 possible points.
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Other files
| File | Type | Posted |
|---|---|---|
| RFP_-_Terminal_3_East_Video_Game_Lounge_Lease_RFP__final_.pdf | ||
| EXT_AIR___TERMINAL_3_EAST_VIDEO_GAME_LOUNGE_LEASE.xml | XML file |
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Text version
To:
Subject:
May 29, 2026
Interested Parties
Solicitation of Proposal for the Terminal 3 East Video Game Lounge Lease
San Francisco International Airport is preparing to commence the selection process for the Terminal 3 East Video Game Lounge Lease.
We invite you to participate in the Proposal process. Enclosed is a summary of the proposed business terms for this lease.
An Informational Conference will be held on Tuesday, July 7, 2026, at 10:00 a.m. (PT) at the Airport Commission Administrative Office - Renemu, Room No. T2.2.003 in Terminal 3 Connector, departures level, pre-security.
If you are interested in receiving further information for this opportunity, attending the Informational Conference, and/or joining the tour, please complete the response form and RSVP by 5:00 p.m. (PT) on Tuesday, June 30, 2026.
Link for RSVP: Terminal 3 East Video Game Lounge RSVP
Please note: Each individual from the same company who wishes to attend the Informational Conference or tour must submit a separate form.
Proposal documents will be available for viewing and download beginning Thursday, May 28, 2026, at: http://www.flysfo.com/business-at-sfo/current-opportunities.
Thank you for your interest and we look forward to your response.
Sincerely, Cheryl Brennan Director Revenue Development and Management
Enclosures cc: Trina M. Pasion, SFO-RDM
Attachment
Terminal 3 East Video Game Lounge Lease
PROPOSED LEASE SPECIFICATIONS
Premises: One location (Space No. T3.2.060) in Terminal 3 East totaling approximately 1100 square feet for a gaming lounge.
Term: 14 years commencing on the Rent Commencement Date.
Minimum Annual Guarantee
The MAG for the first Lease Year shall be $100,000.00.
On each MAG Adjustment Date, the Minimum Annual Guarantee with respect to the upcoming Lease Year shall be the greater of the existing MAG or eighty-five (85%) of the Base Rent for the prior Lease Year.
Base Rent: For each Lease Year, the Base Rent shall be the higher of the MAG or 10% of Gross Revenues.
Proposal Deposit Amount:
$25,000.00
Lease Deposit Amount:
One-half of the MAG, as the same may be adjusted from time to time.
Minimum Improvement Amount:
$1,000.00 per square foot or an amount satisfactory to meet the requirements of the Design Review Committee and the Tenant Design Guidelines.
Construction Period:
210 days from turnover of Premises.
Attachment
Terminal 3 East Video Game Lounge Lease
MINIMUM QUALIFICATION REQUIREMENTS
Concept: Video Game Lounge
Minimum Qualification Requirements:
Proposer must have a minimum of three (3) years within the past five
(5) years (qualifying years) in the ownership or management of a video game lounge business (qualifying business).
Proposer must have achieved gross sales of at least $1,000,000.00 per qualifying year from a single video game lounge business.
Proposer may be a newly-formed entity (e.g., limited liability company, joint venture, or corporation) provided that the corporation or other legal entity that is the proposer or its principals satisfies the minimum qualification requirements.
EVALUATION AND SELECTION CRITERIA
Criteria Scoring Weight
Proposed Concept 50
Design Intention and Capital Investment 30
Customer Service and Quality control 10
Business Plan 10
Total Possible Points 100
Exhibit A
TERMINAL 3 EAST VIDEO GAME LOUNGE LEASE
File details come from the government source that posted it. Updated .