TS Bank - Atlantic, IA

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the exclusive opportunity to acquire the fee simple interest in a TS Bank branch located at 1005 E 7th St, Iowa. This turnkey investment delivers a secure, long-term passive income stream through a 17-year absolute NNN lease with approximately 16 years of primary term remaining. The lease features zero landlord responsibilities, attractive 2.5% annual rent escalations, and three five-year renewal options, ensuring predictable and growing returns.

TS Bank, a subsidiary of TS Banking Group, operates as a financial cornerstone for southwestern Iowa. The parent company demonstrates strong financial performance with $437.2 million in assets and $403.5 million in deposits as of December 31, 2025. The investment is further secured by the strength of the parent company, which operates Iowa's largest state-chartered C-Corp trust department west of Des Moines. Strategically positioned at US Highway 6 and State Highway 71 in Atlantic, Iowa—the Cass County seat—the Property serves as the primary financial center for the region's 13,000+ residents, located 75 miles east of Omaha. The three-mile trade area demonstrates stable fundamentals with 7,118 residents, $78,911 average household income, and a 21% daytime population increase. Vision Atlantic's $89 million revitalization initiative is driving significant momentum through the 142-home Camblin Hills development, the 300-child Lakin Foundation Child Development Center opening Fall 2026, and YMCA expansion, positioning Atlantic as a premier recreation destination between Omaha and Des Moines.

This offering represents a unique opportunity to acquire a hands-off asset or portfolio of assets featuring a long-term lease with a top-performing community bank. The investment provides a passive income stream backed by a proven deposit base in strategic locations poised for significant, sustained economic growth.