EVOLVENDING Selected for MAC Small Business Vending Lease
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Description
EVOLVENDING, LLC received a five-year vending concessions agreement for four units under MSP's small business program, with options for extension and percentage rent.
Contract Details
Contract Amount
13% rent, 3.02% MCD Fee, $25/machine utility fee (4 units, 5-yr initial term)
Vendor
EVOLVENDING LLC
Agency
Metropolitan Airports Commission, MN
Contract Type
LEASE
Document Date
June 15, 2026
Contract Term
5 years from July 1, 2026 (option for 3-year extension)
Renewal Info
5-year initial term with option for 3-year extension; contingent on further approval.
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