Proposed_Lease_Business_Terms.pdf

This is a Proposed Lease Business Terms attachment for a lease opportunity issued by the City of Tampa, Florida, for property located at 2806 North 15th Street in the Ybor City Historic Districts. The RFP seeks a qualified 501(c)(3) nonprofit organization to operate recreational, educational, and accessory daycare programs serving underserved residents in a 19,050-square-foot building. The initial lease term is five years with up to three optional five-year renewal periods. Proposers must be active with the Florida Division of Corporations, demonstrate a minimum of ten years of continuous nonprofit experience, and have satisfactorily performed under at least one prior lease or license agreement with a government agency. A non-mandatory pre-proposal conference is scheduled for February 17, 2026, at 10:00 a.m., with a question submission deadline of February 23, 2026, at 12:00 p.m. Proposals are due March 6, 2026, at 3:00 p.m. through the OpenGov eProcurement Portal.

The lease is structured as triple net, with the lessee responsible for all operating expenses, capital costs, repairs, maintenance, utilities, insurance, and taxes. No specific rental price or budget range is established; lease terms including base rent per square foot, escalation rates, tenant improvements cost estimates, roof improvement contributions, and annual operating expense estimates will be negotiated and subject to City Council and potentially Community Redevelopment Agency approval. Proposers must demonstrate financial capacity through submission of three years of federal tax returns, audited financial statements, three financial references, and documentation of funding sources for building improvements. The property is provided as-is with roof repairs designated as the tenant's responsibility. Evaluation criteria include consideration and benefit to the City (20 points), proposal completeness (20 points), proposer experience (20 points), financial capacity (20 points), criminal history screening practices (5 points), and Small Local Business Enterprise participation (15 points). All exterior work, site plans, signage, and renovations require Barrio Latino Commission review and a Certificate of Appropriateness prior to permitting.