OCEAN RESIDENCE
Global Conference Center — Commercial Concession Terms Sheet
Key Terms & Offerings
| Space | 16-18 units. 150 m² / 1,625 SF, Prime Retail Location |
| Term | 5-Year Initial Term |
| MAG / Base | $755 SF - 1,615 SF min |
| Hospitality Services | $137 Per Diem, Per Person |
| Revenue Share | 0% |
| Lookback | 0% |
| Escrow & TI Allowance | Deposit held in escrow; drawn by Owner upon completion of agreed deliverables. Up to $3,000/m² (50/50 Matching Grant) |
Duty Free Retail (Decks 13, 15, 16)
Total Retail Area: 2,750 m² / 30,000 SF
Featuring: Fashion, Accessories, Jewelry/Watches, Crystal, Real Estate Brokerage, Travel Agency, similar.
Retail Salon
Each retail suite includes a seperate 454 square foot VIP salon for private client engagement
Bondage Storage
Retail suites include a 150 square foot secured Bonded Storage Locker
Strategic Highlights for Tenant Recruitment
- Zero Revenue Share: Tenant retains 100% of top-line revenue.
- Matched Investment: 50/50 matching on TI (up to $3,000/m²) reduces upfront capex.
- Escrow Security: Prepaid funds are secured, ensuring performance-based delivery.
- Predictable Costs: No revenue sharing or lookback provisions allows for accurate financial forecasting.
- Populous: 50,000 - 65,000 Fortune 500 B2B clients annually (1,000+ weekly)
- Income: $100,000+
- Premium Destinations: Monaco Grand Prix / Boat Show, Cannes Festivals, Art Basil, Sidney New Year, +
* Broker Commission Note: The Tenant (Retailer) is solely responsible for all broker fees, commissions, and associated transaction costs related to this agreement.
