708 Crescent Ave
Avalon, CA 90704

The Catalina Island Conservancy is seeking an experienced restaurateur to become the exclusive operator of restaurant and event space in its flagship facility, The Trailhead. The Trailhead serves as the visitor center for the Conservancy and showcases its mission of being a steward of Catalina’s wildlands through a balance of Conservation, Education and Recreation. The facility offers a variety of services including retail, eco tours, food and beverage, banquets, and special events. Located in the city of Avalon and immediately adjacent to the only road/walkway from the Catalina Express arrival pier into town, The Trailhead is highly visible to the nearly 1 million visitors who come to Avalon each year and draws approximately 250,000 people through the first floor retail doors annually for the various services it offers. · Leasehold space: approx. 5,394 total sqft located primarily on the 2nd floor and including Kitchen, Café, Kitchen Corridor, Gallery, Gallery Deck, Observation Deck (3rd floor), Catering / Dry Storage (1st floor), Janitorial, Office/Storage · Common use areas: Elevator, Restrooms (2nd floor), Corridor (1st floor), Elevated Walkway (2nd floor), Parking, Breezeway, Trash/Recycle · Services to be provided by Lessee: food & beverage services, banquet / special event operations Lease Terms and Conditions · Triple Net (NNN) lease · 3-5 year initial lease term with renewal options · Base rent of $8,000/month with annual escalation of the greater of CPI or 3.5% · Percentage rent: 10% of Gross Sales on food, beverage, merchandise, event or space rentals and other goods and services (calculated/paid annually on portion of sales that exceed $960,000/year) · CAM charge (includes all water, gas, electricity) of approx. $2,700/month