TS Bank - Corning, IA

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee‑simple interest in a TS Bank branch located at 701 Davis Avenue in Corning, Iowa (the “Property”), or a related portfolio of assets. The investment is secured by a 17‑year absolute NNN lease with approximately 16 years of primary term remaining, featuring zero landlord responsibilities, 2.50% annual rent escalations, and five renewal options, providing durable, long‑term passive income.

TS Bank is a subsidiary of TS Banking Group, a highly regarded, community‑focused banking organization headquartered in Treynor, Iowa. The Corning branch serves as a key financial hub for southwestern Iowa and is supported by the strength of the parent holding company, which reported $437.2 million in assets and $403.5 million in deposits as of December 31, 2025, including operations of the largest Iowa state‑chartered C‑Corp trust department west of Des Moines.

Strategically positioned in Corning, the Adams County seat serving approximately 3,700 residents, the Property sits at the intersection of US Highway 34 and Iowa Highway 148, approximately 55 miles southwest of Des Moines and 110 miles southeast of Omaha. The surrounding trade area benefits from stable demographics, an expanding daytime population, and ongoing downtown revitalization initiatives, including a $3.4 million Main Street Corning redevelopment. This offering provides investors the opportunity to acquire a hands‑off, credit‑backed community bank asset in a market demonstrating long‑term economic stability.