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NNN Bank Branch with Absolute Lease
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43 Scott St, Council Bluffs, IA 51503

Fee-simple acquisition of a TS Bank branch on an absolute NNN lease with about 17 years remaining.

Property SizeContact for details
Days on Market146

Property Features for 43 Scott St

General Information

Standard status Active
Property subtype Office, Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $612,979

Building Details

Year Built 2016
Stories 4
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License #IL 475.170243
Source: Crexi
Added: Apr 15 Changed: Sep 6 Last Checked: Sep 7 at 3:24AM

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.

Jones Lang LaSalle Americas, Inc. (JLL) is pleased to exclusively offer the fee-simple interest in a TS Bank branch. The property is leased on an absolute NNN basis under a 17-year term, with approximately 17 years of primary term remaining. The lease structure includes zero landlord responsibilities, 2.50% annual rent escalations, and three five-year renewal options, designed to provide predictable, long-term income.

The branch is located at 43 Scott Street in Council Bluffs, Iowa, serving as a key financial center for southwestern Iowa and the greater Omaha metro area.

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 reported $437.2 million in assets and $403.5 million in deposits. The offering is presented as a hands-off, credit-backed community bank asset.

Key Highlights

  • Fee‑simple acquisition of a TS Bank branch at 43 Scott Street in Council Bluffs, IA
  • 17‑year absolute NNN lease with approximately 17 years of primary term remaining
  • Zero landlord responsibilities under the absolute NNN lease

Property Analytics

Current Use

Castle & Associates, Inc ... Insurance Agency TS Bank Bank Peters Personnel Employment Agency

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Grocery & Convenience Store Barber Shop Big Box & Wholesale Store Electrical Service

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

1,705
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Home Improvements & Furnishings 29% Shops & Services 14% Beauty & Spa 2%
Westlake Ace Hardware HyVee Shopping Center Home Improvements & Furnishings
17,068 visits/mo 0.3 miles
Taco John's Dining
10,874 visits/mo 0.4 miles
Taco Bell Dining
9,819 visits/mo 0.5 miles
Dollar Tree Shops & Services
6,144 visits/mo 0.3 miles
Jimmy John's Dining
5,321 visits/mo 0.5 miles

Demographics for 51503, IA

37,330
Population
16,154
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
121.7 sq mi
ZIP Area
307
Density / Sq Mi
$76,064
Median Household Income
$46,986
Median Earnings
$964
Median Rent
$252,600
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?
Bank - Fee-simple acquisition of a TS Bank branch on an absolute NNN lease with about 17 years remaining.
Where is this bank located?
The property is located at 43 Scott St Council Bluffs, IA.
What is the asking price?
The asking price for this property is $7,430,000.
What are key features of this property?
This property features: Fee‑simple acquisition of a TS Bank branch at 43 Scott Street in Council Bluffs, IA; 17‑year absolute NNN lease with approximately 17 years of primary term remaining; Zero landlord responsibilities under the absolute NNN lease
More about this property
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