CRA Recommends Three-Year Salento Coffee Lease Extension
- Disclosed value
- $17,101.40 first year ($1,425.17 per month), increasing by 3% annually; Year 2 rental income $17,614.44; Year 3 rental income $18,142.87
- From agenda
- Document date
- Nov 3, 2026
- Renews
- Free account
The 30-second brief
The West Palm Beach Community Redevelopment Agency is recommending a three-year extension of its lease and operating agreement with Salento Coffee Limited Liability Company for the coffee shop at 407 Clematis Street. The extension would run through March 8, 2030, with first-year rental income of $17,101.40 and annual 3% rent increases.
Salento Coffee Limited Liability Company holds this contract with City of West Palm Beach.
The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.
Get pre-RFPs for work like this before the bid is out.
Get pre-RFP alerts freeFree account · 30-second setup · No credit card
Contract details
- Amount
- $17,101.40 first year ($1,425.17 per month), increasing by 3% annually; Year 2 rental income $17,614.44; Year 3 rental income $18,142.87
- Document date
- November 3, 2026
- Term
- Three-year lease extension, extending the lease through March 8, 2030
- Renews
- On record
- Vendor
- Salento Coffee Limited Liability Company
- Agency
- City of West Palm Beach
- Source document
- City of West Palm Beach Community Redevelopment Agency Agenda November 9, 2026 (Agenda)
More City of West Palm Beach contracts
Questions about this contract
Who was awarded the government contract by City of West Palm Beach?
Salento Coffee Limited Liability Company was awarded this government contract by City of West Palm Beach, as recorded on November 3, 2026. The contract value is $17,101.40 first year ($1,425.17 per month), increasing by 3% annually; Year 2 rental income $17,614.44; Year 3 rental income $18,142.87.
How much is the Salento Coffee Limited Liability Company contract with City of West Palm Beach worth?
The Salento Coffee Limited Liability Company contract with City of West Palm Beach is valued at $17,101.40 first year ($1,425.17 per month), increasing by 3% annually; Year 2 rental income $17,614.44; Year 3 rental income $18,142.87.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of West Palm Beach Community Redevelopment Agency Agenda November 9, 2026 (Agenda), dated November 3, 2026 from City of West Palm Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is City of West Palm Beach currently buying?
Explore City of West Palm Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.