TS Bank - Treynor, IA_Property for Sale
TS Bank - Treynor, IA_Property for Sale

TS Bank - Treynor, IA

15 East Main Street, Treynor, IA, 51575, US

Description

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 15 E Main Street in Treynor, Iowa (the “Property”). The investment delivers secure, long‑term passive income through a 17‑year absolute NNN lease with approximately 16 years of primary term remaining, featuring zero landlord responsibilities, 2.50% annual rent escalations, and three five‑year renewal options, ensuring predictable and growing returns.


TS Bank is a subsidiary of TS Banking Group, a highly respected, community‑focused holding company headquartered in Treynor, Iowa. As of December 31, 2025, the parent organization reported $437.2 million in assets and $403.5 million in deposits, further supported by operating the largest Iowa state‑chartered C‑Corp trust department west of Des Moines.


Strategically located in Treynor, the Property benefits from proximity to the Omaha–Council Bluffs Metropolitan Statistical Area, situated approximately 20 miles east of the regional core. The surrounding trade area features a high‑income local demographic, with an average household income of approximately $148,000 within a one‑mile radius. The Property is adjacent to Treynor High School, Junior High School, and Elementary School, driving consistent daily traffic and community activity. The broader Omaha–Council Bluffs MSA is anchored by four Fortune 500 corporate headquarters and benefits from over $3.4 billion in committed development projects through 2031, reinforcing long‑term economic stability. This offering presents a compelling opportunity to acquire a hands‑off, credit‑backed community bank asset positioned for sustained growth.

...

Attributes

Asking price
CHF 4,728,000
Cap rate
8.25%
WALT
16 years
Land area gross
0.53 ha
Rentable area
1,516 m²
Year built
1983
Annual escalation
Fixed

Media

Investment Highlights

  1. Absolute NNN lease with zero landlord responsibilities
  2. $260 million in bank branch deposits as of 2025
  3. 2.4% local retail vacancy rate (Omaha–Council Bluffs MSA)
  4. Adjacent to Treynor High School, Junior High, and Elementary School, driving daily traffic and community presence
  5. Sub‑portfolio options available, including 11 total sites across 4 states (IA, IL, ND, WI)
  6. 3.3% unemployment rate within the Omaha–Council Bluffs MSA
  7. $148,600 average household income within a five‑mile radius
  8. TS Banking Group corporate headquarters location
  9. 2.50% annual rent escalations
TS Bank - Treynor, IA 4_Property for Sale
TS Bank - Treynor, IA 4_Property for Sale

Contact brokers

TS Bank - Treynor, IA (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
15 Apr 2026