TS Bank - Whitehall, WI_Pand te koop
TS Bank - Whitehall, WI_Pand te koop

TS Bank - Whitehall, WI

36450 Main St, Whitehall, WI, 54773, US

Beschrijving

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the exclusive opportunity to acquire the fee simple interest in a First National Bank & Trust Company branch at 36450 Main St in Whitehall, Wisconsin. This investment offers secure, long-term passive income through a 17-year absolute NNN lease with approximately 16 years remaining. The lease features zero landlord responsibilities, 2.5% annual rent escalations, and three five-year renewal options.


First National Bank & Trust Company is a subsidiary of TS Contrarian, a community-focused holding company headquartered in Treynor, Iowa. The parent bank holds $794.8 million in assets and $758.2 million in deposits as of December 31, 2025, with over 150 years of banking stability since its 1872 charter. Located in Whitehall, Wisconsin (county seat of Trempealeau County), the Property serves a manufacturing-based economy anchored by Ashley Furniture Industries and Ornua Ingredients. The town has approximately 1,600 residents with average household income just under $90,000, with daytime population increasing roughly 40% due to industrial workers. Ashley Furniture's local facility employs approximately 500 workers, providing stable employment that supports sustained commercial activity.


This offering represents a unique opportunity to acquire a hands-off asset or portfolio of assets with a long-term lease backed by a top-performing community bank in a strategic location poised for significant economic growth.

...

Kenmerken

Vraagprijs
€ 833.000
Cap rate
7,5%
WALT
16 jaren
Bruto landoppervlakte
0,33 ha
Netto gebouwoppervlakte
223 vierkante meter
Bouwjaar
1978
Jaarlijkse escalatie
Fixed

Media

Investeringskenmerken

  1. ±16 Years of primary lease term remaining
  2. $33M in 2025 Bank Branch Deposits
  3. 2.50% Annual rent escalations
  4. ±40% Increase in daytime population within a one-mile radius
  5. Sub Portfolio Options: Total portfolio includes 11 total sites in 4 states (IA, IL, ND, WI)
  6. Local community anchored by Ashleys Manufacturing Plant (#1 Furniture Manufacturer in the World)
  7. $89.5k Average household income within a 5-mile radius
  8. Absolute NNN Lease: Zero landlord responsibilities
TS Bank - Whitehall, WI 4_Pand te koop

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Laatst bijgewerkt
17 apr 2026