Fee-Simple Bank Branch
7N Main St N Tioga, ND 58852
7N Main St N, Tioga, ND, 58852
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For Sale
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Fee-simple interest in a single-tenant bank branch secured by an absolute NNN lease with zero landlord responsibilities.
Days on Market98
Property Features for 7N Main St N
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing agency
JLL Chicago | Americas Headquarters
Listed by
Alex Sharrin · License #IL 475.170243
Source
Crexi
Added: Apr 15 Updated: Jul 21 at 2:17AM Checked: Jul 21 at 7:06AM
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
Location Intelligence
Current Use by Public Records
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FAQs
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
