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KFC Taco Bell
Marcus & Millichap is pleased to present for sale this KFC / Taco Bell Fast Food Restaurant located in Saint Albans City, Vermont. At closing, the tenant will sign a 10-Year Absolute NNN Lease with 7.5 percent increases in rent every five years. This property is located nine minutes from a thriving Industrial Park which includes Ben & Jerrys (Ice Cream Plant employs 200 people, runs 24 hours a day, seven days a week and produces 528,000 pints of ice cream per day), Mylan (Giant Pharmaceutical Company with 390,000 sf plant and 600 employees) NECR and Barry Callebarr. Retailers in the immediate area include Hannaford Supermarkets, T.J. Maxx, Olympia Sports and Highgate Commons Shopping Center. St. Albans City, Vermont is the county seat of Franklin County with a population of 6,918. It is surrounded by St. Albans Town, which is incorporated separately from St. Albans City, with a population of 5,999 and is located on the shore of the great Lake Champlain. 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 worlds second-largest restaurant chain (as measured by sales) after McDonalds, 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. Taco Bell is the worlds leading Mexican-style quick service restaurant chain, serving almost 3 billion consumers each year in more than 7,072 restaurants in the United States. It is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of YUM! Brands, Inc., serving American-adapted Mexican food, over 93 percent of Taco Bell restaurants are owned and operated by independent franchisees.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 271 | 9,971 | 16,751 | |
Population Median Age | 42 | 39 | 40 | |
Population by Age | 0-9 Yrs | 32 (11%) | 1226 (12%) | 1930 (11%) |
10-19 Yrs | 20 (7%) | 1118 (11%) | 2012 (12%) | |
20-29 Yrs | 18 (6%) | 1536 (15%) | 2375 (14%) | |
30-39 Yrs | 83 (30%) | 1361 (13%) | 2096 (12%) | |
40-49 Yrs | 7 (2%) | 1201 (12%) | 1983 (11%) | |
50-59 Yrs | 44 (16%) | 1358 (13%) | 2378 (14%) | |
60-69 Yrs | 12 (4%) | 1107 (11%) | 2017 (12%) | |
70+ Yrs | 54 (19%) | 1064 (10%) | 1960 (11%) | |
Median HH Income | $65,979 | $58,969 | $63,908 | |
Total Household Income | < 24K | 17 (15%) | 765 (19%) | 1160 (17%) |
25-49K | 16 (14%) | 881 (22%) | 1306 (20%) | |
50-74K | 26 (24%) | 886 (22%) | 1354 (20%) | |
75-99K | 23 (21%) | 539 (13%) | 992 (15%) | |
100-199K | 25 (23%) | 772 (19%) | 1433 (21%) | |
200K+ | 2 (1%) | 150 (3%) | 273 (4%) | |
Highest Education Level | No Diploma | 23 | 587 | 913 |
Diploma or GED | 79 | 2286 | 4193 | |
Some College | 45 | 1242 | 2132 | |
Assoc. Degree | 19 | 761 | 1270 | |
Bachelors Degree | 38 | 1417 | 2111 | |
Higher Degree | 8 | 596 | 989 | |
Total Housing Units | 134 | 4,631 | 7,812 | |
--Owner-Occupied | 99 | 2,465 | 4,346 | |
--Renter-Occupied | 10 | 1,529 | 2,171 | |
Owner-Occupied Values | < 100K | 20 | 212 | 393 |
100-199K | 7 | 989 | 1405 | |
200-299K | 51 | 795 | 1418 | |
300-399K | 17 | 266 | 537 | |
400-499K | 4 | 124 | 382 | |
500K+ | 0 | 78 | 211 | |
Total Working Age Population | 222 | 8,099 | 13,710 | |
In Work Force | 138 | 5,357 | 8,864 | |
Not In Work Force | 84 | 2,742 | 4,846 | |
Workforce Employed | 136 | 5,098 | 8,360 | |
Workforce Unemployed | 1 | 225 | 441 | |
Civlian Workforce | 137 | 5,323 | 8,801 | |
Military Workforce | 0 | 33 | 63 | |
Total Households | 108 | 3,993 | 6,518 | |
Family Households | 77 | 2,356 | 4,078 | |
Non-Family Households | 31 | 1,638 | 2,439 | |
Married Couple | 66 | 1,745 | 3,064 | |
Other Family | 12 | 611 | 1,014 | |
Married w/Child | 32 | 786 | 1,227 | |
Single Male w/Child | 0 | 69 | 104 | |
Single Female w/Child | 2 | 308 | 443 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Vermont | 608,827 | +3 | 625,741 | 0 | 628,688 | -1 | 620,480 |
Franklin County | 45,417 | +5 | 47,746 | +3 | 49,253 | +3 | 50,739 |