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Committee approves amended Burger King lease for Terminal 3 with corrected minimum guarantee
Summary
The committee approved an amendment to the Burger King lease at Terminal 3 that relocates Gate 74 into renovated space, includes a roughly $70,000 reimbursement for unamortized tenant costs, projects first-year gross sales near $1.78 million, and corrects the minimum annual guarantee to $40,032.
The Budget and Finance Committee approved an amendment to the airport’s food-and-beverage lease for a Burger King franchise at Gate 74 in Terminal 3 and forwarded the item to the Board with recommended technical corrections.
Kathy Widener of the San Francisco Airport said the lease amendment would relocate the…
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