Church's Chicken NNN Property For Sale — Batesville, IN
912 State Road 229, Batesville, IN 47006
This offering presents a premier NNN sale-leaseback opportunity featuring a nationally recognized quick-service restaurant operator. The 2,314 SF freestanding property is strategically positioned along a high-visibility commercial corridor in Batesville, Indiana, promising stable, long-term cash flow from a seasoned operator. The tenant will execute a new 15-year absolute NNN lease at closing, eliminating landlord responsibilities. The initial monthly rent is $9,000, establishing strong immediate income, with a structure designed for consistent long-term growth. The lease includes one 5-year renewal option with 8% annual rent increases, ensuring appreciation throughout both the initial term and any exercised option period. This asset is an excellent fit for investors seeking durable, pred…
- Address: 912 State Road 229, Batesville, IN 47006
- Asking price $1.80M
- 6.00% cap rate
- NOI $108,000
- 15 years remaining
- NNN lease
- Year built: 1989
- Building size: 2,314 SF
- Lot size: 0.85 acres
- Rent increases: 8% annual rent increases included in renewal option
- Guarantor: Corporate
Location
This Church's Chicken property is at 912 State Road 229 in Batesville, Indiana.
Asset type: QSR