For Sale
912 State Road 229
912 State Road 229, Batesville, IN 47006
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.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.
Key features
- $9,000/month starting rent, providing stable long-term income
- 2,314 SF freestanding Church’s Chicken on a prime commercial corridor
- NNN sale-leaseback with zero landlord responsibilities
- One (1) five-year renewal option included in the lease with 8% rental escalation
- Tenant to execute a new 15-year lease at closing
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Brett McDermott, CCIM
Latitude Commercial Real Estate
Building Details
- For Sale $1,800,000
- Property Type Retail - Freestanding
- Property Size 2,314 SF
- Units 1
- Lot Size 0.85 Acre
- Building Class C
- Year Built 1989
- Date Updated May 24, 2026
Attachments
Getting Around
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Walk Score ®
Somewhat Walkable (54) -
Bike Score ®
Somewhat Bikeable (40)
Powered by Walk Score ®
Location
- City Batesville, IN
- Zip Code 47006
Points of Interest
Obermeyer Marathon
2.44 miles
Sunoco
9.23 miles
Kroger
0.42 miles
Der Kleinstadt Laden
2.39 miles
912 State Road 229 Listing Summary
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What is the asking price at 912 State Road 229?
912 State Road 229 is currently listed for sale at Contact for pricing.
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What is the total size of 912 State Road 229?
912 State Road 229 has a total of 2,314 square feet.
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What is the year built for 912 State Road 229?
The year built for 912 State Road 229 is 1989.
Contact Listing Broker
Brett McDermott, CCIM
Latitude Commercial Real Estate