Absolute NNN Bank
For Sale
Contact for pricing
310 Main St, Macedonia, IA 51549
Operating bank branch leased under an absolute NNN structure with no landlord obligations.
Property SizeContact for details
Days on Market143
Property Features for 310 Main St
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$33,600
Building Details
Year Built
1920
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 15
Changed: Sep 3
Last Checked: Sep 2 at 3:44PM
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.
This fee-simple offering includes the TS Bank branch at 310 Main Street in Macedonia, Iowa. The property was built in 1920 and is subject to a 17-year absolute NNN lease with approximately 16 years remaining in the primary term. The agreement provides 2.50% annual rent increases, three five-year renewal options, and no landlord responsibilities.
The branch serves Macedonia in Pottawattamie County, within the Omaha–Council Bluffs Metropolitan Statistical Area. The one-mile trade area includes approximately 814 residents and average household income of $120,000. TS Bank operates within TS Banking Group, which reported $437.2 million in assets and $403.5 million in deposits as of December 31, 2025. Agriculture is a major component of the surrounding county economy, alongside retail, healthcare, and manufacturing.
The branch serves Macedonia in Pottawattamie County, within the Omaha–Council Bluffs Metropolitan Statistical Area. The one-mile trade area includes approximately 814 residents and average household income of $120,000. TS Bank operates within TS Banking Group, which reported $437.2 million in assets and $403.5 million in deposits as of December 31, 2025. Agriculture is a major component of the surrounding county economy, alongside retail, healthcare, and manufacturing.
Key Highlights
- 17‑year absolute NNN lease with approximately 16 years remaining
- 2.50% annual rent escalations and three five‑year renewal options
- No landlord responsibilities under the lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 51549, IA
498
Population
181
Households
2.8
Avg Household Size
43
Median Age
19%
College-Educated
95%
High-School Grad
31.4 sq mi
ZIP Area
16
Density / Sq Mi
$67,596
Median Household Income
$51,000
Median Earnings
$875
Median Rent
$149,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Operating bank branch leased under an absolute NNN structure with no landlord obligations.
Where is this nnn property located?
The property is located at 310 Main St Macedonia, IA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 17‑year absolute NNN lease with approximately 16 years remaining; 2.50% annual rent escalations and three five‑year renewal options; No landlord responsibilities under the lease structure
