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31533191
31533153

1047 IN-229, Batesville, IN 47006

DF
FL SL3282650
Marcus & Millichap
AA
FL SL3474399
Marcus & Millichap
Listed by Marcus & Millichap
Unpriced
68 days on market
Updated 45 days ago
Under Contract

New-Construction Taco Bell

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,950
Net Rentable (SqFt) 1,950
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 12/21/2050
Remaining Term 24.5
Rent Bumps Yes
Lease Options Five - 5 YR Options
Broker Co-Op Yes
Year Built 2025
Buildings 1
Stories 1
Acreage 0.560
Investment Type Net Lease
Tenant Credit Credit Rated, Franchisee
Lease Commencement 12/22/2025
Ground Lease No
Ownership Fee Simple

25-YR NNN Lease

Marketing description

Marcus & Millichap is pleased to present a newly constructed 2025 Taco Bell located in Batesville, Indiana. The property is secured by a new 25-year NNN lease featuring 7.5% rent increases every five years and five additional five-year renewal options. The asset is operated by a growing regional franchisee with a portfolio of nearly 500 locations nationwide. Strategically positioned adjacent to I-74, the site offers excellent visibility and access along the area’s primary commercial corridor, which experiences traffic counts with nearly 20,000 vehicles per day.

Investment highlights

STRENGTH OF A GLOBAL BRAND: Taco Bell is a global lifestyle brand that serves affordable Mexican-inspired food with locations across 30+ countries including more than 8,200 locations in the U.S. serving more than 40MM customers weekly; Yum! Brands, Inc. is an American multinational fast-food corporation listed on the Fortune 500. It is a spin-oơ of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. Yum! is one of the world’s largest fast food restaurant companies in terms of system units. Yum! Brands operate 61,000 restaurants in more than 155 countries and territories worldwide.

FRANCHISEE/TENANT: The Lease is backed by an expanding Regional Franchise Group with extensive industry experience at the corporate level managing strategic growth, as well as operations across North America and now responsible for leading the Ampler team with a portfolio of nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH’S CHICKEN and LITTLE CAESARS.

LONG TERM NNN LEASE: The property benefits from a 25-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Five, 5-Year Options to Renew and Bringing Potential Lease Term to 50 Years | Zero Landlord Responsibilities.

LOCATION: Positioned adjacent to Interstate 74 with direct on/off ramp access, along the main commercial corridor which sees nearly 20,000 vehicles per day. Batesville, Indiana is an economically strong Midwestern community located in southeastern Indiana between Indianapolis and Cincinnati. Interstate 74 serves as a major regional transportation corridor connecting Indianapolis and Cincinnati, facilitating significant commuter and commercial traffic. The highway functions as a key logistics route for regional distribution, providing efficient access between major Midwestern markets.

Listing Contacts

DF
FL SL3282650
Marcus & Millichap
AA
FL SL3474399
Marcus & Millichap
Listed by Marcus & Millichap

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$145,000.00
$12,083.33/mo

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Additional Information

Name
JULIA EVINGER
License
RB14040143
Brokerage
Marcus & Millichap
Brokerage Phone
317-218-5300
Title
Broker of Record
Brokerage Address
600 East 96th St., Ste. 500 Indianapolis, IN 46240
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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