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TS Bank Portfolio 9 Retail Properties Offered at $28,182,559 CAD in Multiple Locations
INVESTMENT HIGHLIGHTS
- Corporate-Leased, Long-Term Branch Commitments
- Diversified Geographic Footprint Across Four States
- Established Branches with Proven Deposit Histories
- Absolute NNN Leases With Growing Fee Income and 2.50% Annual Rental Increases
- More Than $1.45 Million in Net Operating Income
- Flexible Structure for Individual or Portfolio Acquisition
EXECUTIVE SUMMARY
Northmarq in partnership with Equity Investment Advisors, is pleased to offer for sale to qualified investors the opportunity to purchase an nine-property bank branch portfolio spanning Iowa, North Dakota, Wisconsin, and Illinois (the “Portfolio”).
The Portfolio is available for purchase either in its entirety or on an individual property basis, offering flexibility based on investor preference. The Portfolio presents a compelling opportunity to acquire mission-critical banking infrastructure in stable, relationship-driven markets. All nine properties are occupied under new, 17-year absolute NNN leases executed in connection with a recent sale-leaseback transaction.???????
The Portfolio is available for purchase either in its entirety or on an individual property basis, offering flexibility based on investor preference. The Portfolio presents a compelling opportunity to acquire mission-critical banking infrastructure in stable, relationship-driven markets. All nine properties are occupied under new, 17-year absolute NNN leases executed in connection with a recent sale-leaseback transaction.???????
PROPERTY FACTS
| Price | $28,182,559 CAD | Status | Active |
| Price / SF | $629.26 CAD / SF | Number of Properties | 9 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.23% | Total Building Size | 44,787 SF |
| Sale Type | Investment NNN | Total Land Area | 5.51 AC |
| Price | $28,182,559 CAD |
| Price / SF | $629.26 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.23% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 44,787 SF |
| Total Land Area | 5.51 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1005 E 7th St, Atlantic, IA 50022 | Retail | 7,702 SF | 1999 | - |
| 701 Davis Ave, Corning, IA 50841 | Retail | 6,070 SF | 1900 | - |
| 310 Main St, Macedonia, IA 51549 | Retail | 1,100 SF | 1920 | - |
| 2 Kelli Ct, Clinton, IL 61727 | Retail | 10,077 SF | 2008 | - |
| 11 Central Ave E, Crosby, ND 58730 | Retail | 8,000 SF | 1919 | - |
| 7 N Main St, Tioga, ND 58852 | Retail | 5,338 SF | 2010 | - |
| 131 W Main St, Arcadia, WI 54612 | Retail | 2,300 SF | 2021 | - |
| 1550 E Main St, Arcadia, WI 54612 | Retail | 1,800 SF | 2003 | - |
| 36450 Main St, Whitehall, WI 54773 | Retail | 2,400 SF | 1888 | - |
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TS Bank Portfolio
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