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For Sale

912 State Road 229, Batesville, IN for sale

912 State Road 229,
Batesville, IN 47006

Asset Snapshot

1989
Year Built
1
Floor Count

Offering Summary

Investment Overview

912 State Road 229 presents a premier NNN sale-leaseback opportunity with a nationally recognized quick-service restaurant operator. This 2,314 SF freestanding Church’s Chicken is strategically positioned along a high-visibility commercial corridor in Batesville, Indiana, offering stable, long-term cash flow backed by a seasoned operator. At closing, the tenant will execute a new 15-year absolute NNN lease, providing investors with zero landlord responsibilities. The initial monthly rent is $9,000, delivering strong income from day one, with a structure designed for long-term income growth. The lease includes one (1) five-year renewal option featuring 8% annual rent increases, ensuring consistent appreciation throughout both the initial term and option period. This asset is ideal for investors seeking durable, predictable returns, minimal management, and a recession-resilient tenant in the thriving QSR sector.


Investment Highlights

  • 2,314 SF freestanding Church’s Chicken on a prime commercial corridor
  • NNN sale-leaseback with zero landlord responsibilities
  • Tenant to execute a new 15-year lease at closing
  • $9,000/month starting rent, providing stable long-term income
  • One (1) five-year renewal option included in the lease with 8% rental escalation

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,800,000
Asking Price