Launch Local! Program Update and Lease Approval – Six Bicycles October 22, 2025
L|PR Council Chambers
Approve a 12-month sublease with Christopher Nguyen, d.b.a Six Bicycles Location: 634 El Camino Real
Terms consistent with Launch Local! Program Guidelines
Staff authorized to determine the final tenant improvement (TI) allowance, up to $10,000 Recommendation
2 Reduces vacant storefronts
Supports first-time brick-and-mortar businesses
Activates key corridors like El Camino Real
Short-term, below-market City-controlled leases
Key Terms:
$1.00/sf NNN lease
Up to $10,000 TI rent credit
7 hours/day, 5 days/week minimum operations
Priority for local entrepreneurs and Renaissance EAC Clients About Launch Local!
3 RFI Issued: April 1, 2025
Applications due: May 30, 2025
Evaluated on:
Concept Strength
Readiness & financial capacity
Activation Potential
RFI Process and Outreach
4 Outreach Included:
City website, social media, Chamber of Commerce
Four information sessions (2 in-person, 2 virtual)
Materials in English and Spanish
Six (6) Applications Received
Five (5) Eligible Applications
Five (5) Eligible Applications
Two (2) Finalists
Evaluated on readiness, activation potential, and community benefit Applications and Evaluation
5 Owned by Christopher Nguyen
Full-service bicycle shop: repairs, tune-ups, rentals, sales Offers group rides & maintenance workshops
Supports active transportation and community engagement Ideal location near SSF High School and Centennial Way Trail Selected Tenant – Six Bicycles
6 Lease Summary
7 Term
Details
Tenant
Six Bicycles (Christopher Nguyen)
Location
634 El Camino Real
Size
1,600 sq. ft.
Rent
$1.00/sf NNN ($1,600/month)
Term
12 months
Security Deposit
$3,200
TI Credit
Up to $10,000 (final amount to be determined by staff)
Move-In
Keys by end of 2025; Grand Opening Spring 2026
Lease Revenue: < $19,200 (12 months)
Up to $10,000 TI Rent Credit
Minor maintenance funded through reserve funds
No General Fund Impact
Fiscal Impact
8 Execute Lease Following Council Approval
Begin Tenant Improvements after Key Handover
Grand Opening: Spring 2026
Public Announcement at a Future Council Meeting
Next Steps
9 Launch Local! Program Update and Lease Approval – Six Bicycles City of South San Francisco
THANK YOU
FOR JOINING US TODAY