912 State Road 229, Batesville, IN, 47006

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

Description

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.

Batesville is a city in Ripley and Franklin counties in the U.S. state of Indiana. The population was 7,202 at the 2020 census, making it the largest community in both counties but is not the county seat of either. The Batesville Casket Company is headquartered here. Batesville is noted for its central location between Indianapolis, Cincinnati, and Louisville.

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