Farmers Market Lease Recommended for TFK Deli
Virginia Beach Public UtilitiesUtility District · Virginia Beach, VA- Disclosed value
- $1,400.00 per month for the first ten months of the initial term, with a 5% annual rent escalation beginning July 1, 2027 and each year thereafter
- From agendapacket
- Document date
- Sep 1, 2026
- Renews
- Free account
The 30-second brief
Virginia Beach recommends leasing Farmers Market Building 1, Space 10 and the Guard House to TFK Deli LLC for deli sales, prepared foods, and storage. The initial term is two years and ten months at $1,400 per month for the first ten months, followed by annual 5% rent escalations and two one-year renewal options.
Tfk Deli LLC Dba Tfk Deli & General Store holds this facilities contract with Virginia Beach Public Utilities.
The renewal date is on record. A free account shows it, with the renewals for every Virginia Beach Public Utilities contract.
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Contract details
- Contract type
- Facilities
- Amount
- $1,400.00 per month for the first ten months of the initial term, with a 5% annual rent escalation beginning July 1, 2027 and each year thereafter
- Document date
- September 1, 2026
- Term
- Initial term of 2 years and 10 months, with two additional one-year renewal options; lease authorized for up to 4 years and 10 months
- Renews
- Free account
- Vendor
- Tfk Deli LLC Dba Tfk Deli & General Store
- Source document
- City of Virginia Beach AgendaPacket City Council Agenda 2026-09-01 (AgendaPacket)
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Questions about this contract
Who was awarded the facilities contract by Virginia Beach Public Utilities?
Tfk Deli LLC Dba Tfk Deli & General Store was awarded this facilities contract by Virginia Beach Public Utilities, as recorded on September 1, 2026. The contract value is $1,400.00 per month for the first ten months of the initial term, with a 5% annual rent escalation beginning July 1, 2027 and each year thereafter.
How much is the Tfk Deli LLC Dba Tfk Deli & General Store contract with Virginia Beach Public Utilities worth?
The Tfk Deli LLC Dba Tfk Deli & General Store contract with Virginia Beach Public Utilities is valued at $1,400.00 per month for the first ten months of the initial term, with a 5% annual rent escalation beginning July 1, 2027 and each year thereafter, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Virginia Beach AgendaPacket City Council Agenda 2026-09-01 (AgendaPacket), dated September 1, 2026 from Virginia Beach Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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