Loading Map...
Loading Street View...

For Sale

912 State Road 229, Batesville, IN for sale

912 State Road 229,
Batesville, IN 47006

Asset Snapshot

Regional Mall
Retail Subtype
1989
Year Built
1
Floor Count
0.85 Acres
Land Area

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

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$1,800,000
Asking Price