City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-06-03
Lease amendment for Tad’s at 44 Ellis Street
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Description
The Municipal Transportation Agency seeks approval of an Amended and Restated Lease with Tad’s Inc. for retail space at 44 Ellis Street, shifting rent to 8% of gross revenues, revising water charges, and waiving certain past-due amounts through the lease’s April 30, 2029 expiration. The amendment also imposes minimum hours of operation and a $4,000 administrative fee.
Contract Details
Contract Amount
$4,000 administrative fee; monthly base rent changed to 8% of gross revenues; monthly water charge $2,400
Vendor
TAD’S INC
Agency
San Francisco County, CA
Contract Type
FACILITIES
Document Date
June 3, 2026
Contract Term
Effective upon approval through April 30, 2029 (with retroactive rent/water charge changes back to 2020–2024)
Renewal Date
2029-04-30
Renewal Info
The amendment adjusts rent and water terms for the existing lease through April 30, 2029 and modifies terms for the first option to extend.
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City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-06-03
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City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-06-03
City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-06-03
City and County of San Francisco Budget and Finance Committee Meeting Agenda 2026-06-03
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