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Absolute NNN Bank Property
For Sale
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15 E Main St, Treynor, IA 51575

Established bank branch with a long-term lease structure and scheduled annual escalations.

Property SizeContact for details
Days on Market138

Property Features for 15 E Main St

General Information

Standard status Active
Property subtype Office, Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $499,178

Building Details

Year Built 1983
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 15 Changed: Aug 29 Last Checked: Aug 29 at 3:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

The property is a bank branch constructed in 1983 and occupied by TS Bank. The offering conveys the fee-simple interest in a lease-backed commercial asset with an absolute NNN structure, approximately 16 years remaining in the primary term, and no landlord responsibilities. Contractual rent escalations are set at 2.50% annually, with three additional five-year renewal options.

Located at 15 E Main Street in Treynor, Iowa, the branch sits adjacent to Treynor High School, Junior High School, and Elementary School. Treynor is approximately 20 miles east of the Omaha–Council Bluffs metropolitan area, providing access to the broader regional economy while serving a local community setting. TS Bank is part of TS Banking Group, which is headquartered in Treynor.

Key Highlights

  • Absolute NNN lease with approximately 16 years remaining in the primary term
  • 2.50% annual rent escalations built into the lease
  • Three five‑year renewal options

Property Analytics

Current Use

Castle & Associates, Inc ... Insurance Agency Willson & Pechacek PLC Law Firm TS Bank Bank Collins Consulting Business Management Consultant TS REIS Financial Advisor

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
9,763 visits/mo 0.3 miles
Dollar General Shops & Services
3,622 visits/mo 0.2 miles

Demographics for 51575, IA

1,738
Population
671
Households
2.6
Avg Household Size
41
Median Age
37%
College-Educated
99%
High-School Grad
47.8 sq mi
ZIP Area
36
Density / Sq Mi
$117,803
Median Household Income
$70,128
Median Earnings
$1,120
Median Rent
$279,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Established bank branch with a long-term lease structure and scheduled annual escalations.
Where is this nnn property located?
The property is located at 15 E Main St Treynor, IA.
What is the asking price?
The asking price for this property is $6,050,000.
What are key features of this property?
This property features: Absolute NNN lease with approximately 16 years remaining in the primary term; 2.50% annual rent escalations built into the lease; Three five‑year renewal options
More about this property
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