TS Bank - Macedonia, IA_Property for Sale
TS Bank - Macedonia, IA_Property for Sale

TS Bank - Macedonia, IA

310 Main St, Macedonia, IA, 51549, 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 310 Main Street in Macedonia, Iowa (the “Property”), or a related portfolio of assets. The investment provides 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 increasing cash flow.


TS Bank is a subsidiary of TS Banking Group, a highly respected, community‑focused bank 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. The Macedonia branch serves as a financial cornerstone for southwestern Iowa and benefits from the strength and stability of the broader TS Banking Group platform.


Strategically located in the agricultural heartland of Pottawattamie County, Macedonia is a key rural community within the Omaha–Council Bluffs Metropolitan Statistical Area. The immediate trade area features a population of approximately 814 residents and an average household income of $120,000 within a one‑mile radius, supported by stable population trends. The regional economy is anchored by agriculture—where Pottawattamie County is a national leader in corn production—complemented by retail, healthcare, and manufacturing employment. Economic stability is further reinforced by county‑level initiatives and local development organizations, creating a supportive environment for sustained commercial activity. This offering represents a compelling opportunity to acquire a hands‑off, credit‑backed community banking asset positioned for long‑term growth.

...

Attributes

Asking price
SGD 521,000
Cap rate
8.25%
WALT
16 years
Land area gross
0.01 ha
Rentable area
102 m²
Year built
1920
Annual escalation
Fixed

Media

Investment Highlights

  1. ±16 years of primary lease term remaining
  2. Absolute NNN lease with zero landlord responsibilities
  3. Located approximately 20 miles (under 30 minutes) from downtown Omaha, Nebraska
  4. Situated within Pottawattamie County, a leading agricultural region known for premium farmland and livestock production (“Corn Belt” powerhouse)
  5. Sub‑portfolio options available, including 11 total sites across 4 states (IA, IL, ND, WI)
  6. $120,000 average household income within a one‑mile radius
  7. 1,400 farms located within Pottawattamie County
  8. 2.50% annual rent escalations
TS Bank - Macedonia, IA 4_Property for Sale
TS Bank - Macedonia, IA 4_Property for Sale

Contact brokers

TS Bank - Macedonia, 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