Fee-Simple Bank Branch
For Sale
Contact for pricing
7N Main St N, Tioga, ND 58852
Fee-simple interest in a single-tenant bank branch secured by an absolute NNN lease with zero landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 7N Main St N
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$261,936
Building Details
Year Built
1954
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 15
Changed: Aug 14
Last Checked: Sep 1 at 8:54AM
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.
Fee-simple interest available for a Bank of Tioga branch at 7 N Main Street in Tioga, North Dakota. The property is secured by a 17-year absolute NNN lease with approximately 16 years of primary term remaining, providing zero landlord responsibilities. Lease terms include 2.50% annual rent escalations and three additional five-year renewal options.
The tenant is The Bank of Tioga, operating as a subsidiary within the TS Banking Group. As of December 31, 2025, the guarantor reported $794.8 million in total assets and $758.2 million in deposits.
The branch is positioned strategically near the intersection of U.S. Highway 2 and North Dakota Highway 40, serving the local energy and agricultural market within Williams County.
The tenant is The Bank of Tioga, operating as a subsidiary within the TS Banking Group. As of December 31, 2025, the guarantor reported $794.8 million in total assets and $758.2 million in deposits.
The branch is positioned strategically near the intersection of U.S. Highway 2 and North Dakota Highway 40, serving the local energy and agricultural market within Williams County.
Key Highlights
- Fee‑simple interest in a single‑tenant Bank of Tioga branch at 7 North Main Street, Tioga, ND
- 17‑year absolute NNN lease with approx. 16 years of primary term remaining
- Zero landlord responsibilities under the lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 58852, ND
2,822
Population
1,277
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
87%
High-School Grad
310.6 sq mi
ZIP Area
9
Density / Sq Mi
$67,143
Median Household Income
$49,193
Median Earnings
$1,043
Median Rent
$207,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Fee-simple interest in a single-tenant bank branch secured by an absolute NNN lease with zero landlord responsibilities.
Where is this bank located?
The property is located at 7N Main St N Tioga, ND.
What is the asking price?
The asking price for this property is $3,170,000.
What are key features of this property?
This property features: Fee‑simple interest in a single‑tenant Bank of Tioga branch at 7 North Main Street, Tioga, ND; 17‑year absolute NNN lease with approx. 16 years of primary term remaining; Zero landlord responsibilities under the lease
