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31097882
31097881

10276 Foothill Blvd, Upland, CA 91786

OG
CA CA 01973061
Compass Commercial
Listed by Compass Commercial
$4,999,000
89 days on market
Updated 46 days ago

Absolute NNN | 20-Year Primary Term | Inland Empire

Details
APN 1077-601-11-0000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,995
Cap Rate 6.48%
NOI $324,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $715
Year Built 1981
Year Renovated 2022
Buildings 1
Stories 1
Lot Size (SqFt) 61,855
Zoning CO1 (Corridor 1 Zone)
Investment Type Net Lease

Absolute NNN | 20-Year Lease | Inland Empire | 10276 Foothill Blvd

Marketing description

  • Absolute NNN Lease | 20-Year Primary Term | Zero Landlord Responsibilities

  • 10% Scheduled Rent Increases Every 5 Years Delivering Built-In NOI Growth

  • Prime Signalized Corner | Foothill Blvd & Center Ave | ±29,125 VPD | Dual-Street Exposure

  • ±6,995 SF Building on ±61,855 SF (±1.42 AC) Lot | Exceptional Land-to-Building Ratio

  • Strong Lease Guaranty from Experienced Operator | Extensively Remodeled in 2022 | Full-Service Liquor License (Type 47)

  • Positioned Within One of the Inland Empire’s Most Dense and Rapidly Growing Commercial Corridors

Investment highlights

*MOTIVATED SELLER — UPDATED PRICING — CALL BROKER FOR INFORMATION.*

Compass Commercial is pleased to present 10276 Foothill Blvd in Rancho Cucamonga — an absolute single-tenant NNN investment offering delivering immediate passive income and a compelling covered land play opportunity for future development. The property is occupied by Kalaveras, a full-service restaurant and bar concept with a well-established multi-location presence across Southern California.

The property consists of a ±6,995 SF building on a ±61,855 SF lot — a land-to-building ratio substantially exceeding typical restaurant pad configurations and reflecting meaningful embedded land value. With 92 parking spaces at approximately 13 per 1,000 SF, the site is significantly over-parked relative to the building, further reinforcing its redevelopment optionality. Positioned at the signalized corner of Foothill Blvd and Center Ave with dual-street exposure and 313 feet of frontage on Center Ave, the parcel is zoned CO1 and accommodates a wide range of commercial uses. Dense residential development on multiple sides ensures a consistent and captive consumer base directly supporting the tenant's operations.

The investment is structured as a 20-year primary term absolute NNN lease with zero landlord responsibilities, 10% scheduled rent increases every five years delivering built-in NOI growth throughout the hold period, and a strong lease guaranty from an experienced operator — providing a truly passive income stream. Kalaveras underwent an extensive 2022 renovation providing modern infrastructure that supports long-term tenant retention and operational continuity, and operates with a full-service liquor license supporting consistent performance. Proximate to Terra Vista Town Center and Town Center Square along Foothill Blvd at ±29,125 VPD, the property sits within one of the Inland Empire's most dense and rapidly growing commercial corridors.

__________________________________

*Please Contact Listing Agent For Any Additional Information.

*Property is Occupied. Please Do Not Disturb Occupants.

*Buyer to verify any and all accuracy of information.

Listing Contacts

OG
CA CA 01973061
Compass Commercial
Listed by Compass Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$324,000.00
$27,000.00/mo

Valuation Metrics

0
DSCR
6.48%
Cap Rate
6.48%
ROI

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Additional Information

Name
Oliver Ghadoushi
License
CA 01973061
Brokerage
Compass Commercial
Title
Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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