Mesa Plans Long-Term Lease With Local First Arizona
City of MesaCity · Mesa, AZ- Disclosed value
- $10,000 per year rent for initial 10-year term; rent increases by $5,000 annually with each five-year renewal (total estimated rent about $400,000 over 25 years)
- From minutes
- Document date
- Jun 4, 2026
- Renews
- Free account
The 30-second brief
Mesa outlined a proposed long-term lease agreement with Local First Arizona to operate the Main Street Market restaurant and food business incubator at 111 W. Main Street. The lease features a 10‑year initial term with three five‑year renewals, starting at $10,000 per year in rent and totaling about $400,000 over 25 years, dedicated to offset landlord costs.
Local First Arizona holds this contract with City of Mesa. Its other public contracts on record include work for City of Mesa Water Resources and Flagstaff Housing Authority.
The renewal date is on record. A free account shows it, with the renewals for every City of Mesa contract.
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Contract details
- Amount
- $10,000 per year rent for initial 10-year term; rent increases by $5,000 annually with each five-year renewal (total estimated rent about $400,000 over 25 years)
- Document date
- June 4, 2026
- Term
- Initial 10-year lease term with three optional 5‑year renewals (total potential term 25 years)
- Renews
- Free account
- Vendor
- Local First Arizona
- Agency
- City of Mesa
- Source document
- City of Mesa Council Minutes 2026-06-04 (Minutes)
Local First Arizona's other public contracts
More City of Mesa contracts
Questions about this contract
Who was awarded the government contract by City of Mesa?
Local First Arizona was awarded this government contract by City of Mesa, as recorded on June 4, 2026. The contract value is $10,000 per year rent for initial 10-year term; rent increases by $5,000 annually with each five-year renewal (total estimated rent about $400,000 over 25 years).
How much is the Local First Arizona contract with City of Mesa worth?
The Local First Arizona contract with City of Mesa is valued at $10,000 per year rent for initial 10-year term; rent increases by $5,000 annually with each five-year renewal (total estimated rent about $400,000 over 25 years).
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Mesa Council Minutes 2026-06-04 (Minutes), dated June 4, 2026 from City of Mesa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Local First Arizona hold?
Local First Arizona may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Mesa currently buying?
Explore City of Mesa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.