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Port commission approves five-year lease for Dylan's Tours at 490 Jefferson

Port of San Francisco Commission · February 10, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The commission voted unanimously to forward a retail lease for 490 Jefferson to the Board of Supervisors: 1,505 sq ft for Dylan's Tours, base rent $6,000/month, 5% percentage rent above a $900,000 breakpoint, and a $320,000 tenant improvement allowance.

The Port of San Francisco commission approved a motion to forward a proposed retail lease for 490 Jefferson Street to the Board of Supervisors after a staff presentation and public comment. Don Cavanaugh, senior property manager, described the historic building, remediation needs and marketing process. The proposed lease (L-seventeen378) would occupy 1,505 square feet on the ground floor for a five-year term with a…

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