TS Bank - Council Bluffs, IA

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 43 Scott Street in Council Bluffs, Iowa (the “Property”), or a related portfolio of assets. The investment delivers stable, long‑term passive income through a 17‑year absolute NNN lease with approximately 17 years of primary term remaining, featuring zero landlord responsibilities, 2.50% annual rent escalations, and three five‑year renewal options, providing predictable and growing cash flow.

TS Bank is a subsidiary of TS Banking Group, a 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 strengthened by operating the largest Iowa state‑chartered C‑Corp trust department west of Des Moines. The Council Bluffs branch serves as a key financial center for southwestern Iowa and the greater Omaha metro area.

Council Bluffs and Pottawattamie County comprise the Iowa portion of the Omaha–Council Bluffs MSA, a bi‑state region of approximately 950,000 residents supported by a diversified economy anchored by insurance, finance, healthcare, logistics, and technology. Major employers include Google, UnityPoint Health, and Union Pacific. The MSA continues to benefit from significant investment, including Mutual of Omaha’s $600 million headquarters, a $60 million riverfront redevelopment, and UNMC’s $2.2 billion Project Health campus. With four Fortune 500 headquarters, low unemployment, and substantial committed capital, this offering represents an opportunity to acquire a hands‑off, credit‑backed community bank asset in a growing Midwestern market.