
TS Bank - Crosby, ND
11 Central Ave, Crosby, ND, 58730, US
$3,260,000 | 8,000 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee‑simple interest in a Bank of Tioga branch located at 7 North Main Street, Tioga, North Dakota (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 three five‑year renewal options, providing a secure and predictable long‑term income stream.
The Bank of Tioga is a subsidiary of TS Contrarian Bancshares, Inc., a multi‑state bank holding company under the TS Banking Group headquartered in Treynor, Iowa. Operating through subsidiary banks including First National Bank and Trust Company and The Bank of Tioga, the platform services North Dakota, Illinois, and Wisconsin. As of December 31, 2025, the guarantor reported $794.8 million in total assets and $758.2 million in deposits, supported by a diversified product offering spanning consumer, business, agricultural, and wealth management services.
Strategically located in Tioga, the oil capital of North Dakota, the Property serves a vital energy and agricultural market within Williams County. Positioned near the intersection of U.S. Highway 2 and North Dakota Highway 40, the trade area benefits from strong demographics, including an average household income of $110,158, a growing daytime population, and a regional economy anchored by oil and gas, healthcare, and agriculture. This offering represents a compelling opportunity to acquire a hands‑off, credit‑backed community bank asset in a market demonstrating sustained economic momentum.

