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.
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