Billboard Ground Leases

Albuquerque Public Schools is seeking qualified outdoor‑advertising firms to enter into ground‑lease agreements for billboard sites at four district‑owned high‑school properties. The lease term is five years with an optional five‑year renewal, and the district requires a guaranteed minimum base rent that meets or exceeds the appraised market value, or a revenue‑share percentage—whichever is greater. Offerors must detail their development approach (static or digital billboards), utility responsibilities, compliance with zoning and advertising restrictions, and provide a timeline for implementation. The evaluation emphasizes financial return to the district, development concept, and any resident‑business or veteran‑business preferences.