Available! Essential Tenant | KFC NNN Lease | Barre, Vermont

Available! Essential Tenant | KFC NNN Lease | Barre, Vermont

Investment Highlights:

■ KFC Absolute NNN 15-Year Lease with 7.5% Increases Every
5 Years in the Base Term and Options
■ Located Across the Street from a Price Chopper Supermarket
Anchored Shopping Center
■ Located in close proximity to Vermont State Colleges
(Enrollment 13,000) and Community College VT (7,120
Enrolled Students)
■ 9 Minutes from Montpelier High School (350 Students) and
Berlin Elementary (215 Students)
■ KFC is considered an Essential Tenant

Investment Overview:

Marcus & Millichap is pleased to present for sale this KFC
Fast Food Restaurant located in Barre, Vemront. At closing,
the tenant will sign a 15-Year Absolute NNN Lease with 7.5
percent increases in rent every five years. This property is
located across the street from a Price Chopper Supermarket
Anchored Shopping Center. This property is also minutes away
from Central Vermont Medical Center which is the primary
health care provider to 66,000 people in the area with 122 beds
and 200 physicians. Retailers in the immediate area include
Petco, Sunoco, Enterprise Rent A Car and Price Chopper.
Barre is the most populous city in Washington County Vermont
with a population exceeding 9,052 and its Twin City of
Montpelier, Vermont, which is the capital of the state and a has
a population of over 60,000.
KFC, also known as Kentucky Fried Chicken, is an American
fast food restaurant chain headquartered in Louisville,
Kentucky, that specializes in fried chicken. It is the world’s
second-largest restaurant chain (as measured by sales) after
McDonald’s, with 22,621 locations globally in 136 countries as
of December 2019. The chain is a subsidiary of Yum! Brands,
a restaurant company that also owns the Pizza Hut, Taco Bell,
and WingStreet chains.

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