NNN Bank Branch with Absolute
43 Scott St Council Bluffs, IA 51503
For Sale
Contact for pricing
Fee-simple acquisition of a TS Bank branch on an absolute NNN lease with about 17 years remaining.
Days on Market100
Property Features for 43 Scott St
General Information
- Standard status
- Active
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2016
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 15
Changed: Jul 23
Last Checked: Jul 23 at 3:20PM
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.
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
Location Intelligence
Current Use by Public Records
Castle & Associates, Inc ...
Insurance Agency
TS Bank
Bank
Peters Personnel
Employment Agency
FAQs
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
