Port Weighs 10-Year Lease Extension for Rusty’s
Canaveral Port DistrictPublic Authority · Cape Canaveral, FL- Disclosed value
- Initial Monthly Rent: $10,957.25 including PIF; Total Rent Revenue: $1,654,684 including PIF; Capital Improvements: minimum $100,000 at Lessee’s expense
- From agenda
- Document date
- Aug 19, 2026
- Term
- May 1, 2027 – April 30, 2037 (Ten Years)
- Renews
- Free account
The 30-second brief
Canaveral Port Authority is considering approval of a Third Modification to its long-term lease with Rusty's of Port Canaveral, Inc. at 628 Glen Cheek Drive. The ten-year extension from May 1, 2027, through April 30, 2037, provides for initial monthly rent of $10,957.25 with 5% annual increases and at least $100,000 in lessee-funded capital improvements. The modification has been reviewed and approved by General Counsel and is recommended by staff.
Rusty's of Port Canaveral Inc holds this facilities contract with Canaveral Port District.
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Contract details
- Contract type
- Facilities
- Amount
- Initial Monthly Rent: $10,957.25 including PIF; Total Rent Revenue: $1,654,684 including PIF; Capital Improvements: minimum $100,000 at Lessee’s expense
- Document date
- August 19, 2026
- Term
- May 1, 2027 – April 30, 2037 (Ten Years)
- Renews
- On record
- Vendor
- Rusty's of Port Canaveral Inc
- Agency
- Canaveral Port District
- Source document
- Canaveral Port Authority Agenda Item Request 2026-08-19 (Agenda)
Rusty's of Port Canaveral Inc's other public contracts
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Questions about this contract
Who was awarded the facilities contract by Canaveral Port District?
Rusty's of Port Canaveral Inc was awarded this facilities contract by Canaveral Port District, as recorded on August 19, 2026. The contract value is Initial Monthly Rent: $10,957.25 including PIF; Total Rent Revenue: $1,654,684 including PIF; Capital Improvements: minimum $100,000 at Lessee’s expense.
How much is the Rusty's of Port Canaveral Inc contract with Canaveral Port District worth?
The Rusty's of Port Canaveral Inc contract with Canaveral Port District is valued at Initial Monthly Rent: $10,957.25 including PIF; Total Rent Revenue: $1,654,684 including PIF; Capital Improvements: minimum $100,000 at Lessee’s expense, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Canaveral Port Authority Agenda Item Request 2026-08-19 (Agenda), dated August 19, 2026 from Canaveral Port District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Canaveral Port District currently buying?
Explore Canaveral Port District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.