TCII is excited to announce the acquisition of the former Walgreens located at 501 E National Ave, Brazil, IN 47834 with our parnter Ladue Interests and with it, a swift turnaround that reflects the power of strategic execution and proactive leasing.
From Vacancy to Velocity: Repositioning in Record Time
After Walgreens vacated the 501 E National Ave site in 2023, the 15,000 SF freestanding building sat empty in the heart of Brazil’s main commercial corridor. Where others saw vacancy, we saw opportunity.
TCII moved quickly to acquire the property, recognizing its strong visibility, convenient access, and proximity to key community anchors. Just as the deal was being finalized, our leasing team was already in advanced talks — and before closing, we had Dollar Tree fully committed to a long-term lease.
Dollar Tree Coming Q1 2025
With the lease executed, Dollar Tree plans to take possession following targeted property enhancements by TCII. A full exterior and interior refresh will be completed prior to Dollar Tree’s Q1 2025 grand opening, ensuring a seamless transition from dark box to productive retail asset.
This backfill not only restores vitality to a well-located retail site, it also reinforces Dollar Tree’s commitment to serve smaller communities with reliable value retail.
Execution Is the Differentiator
This deal underscores what defines TCII in the market:
- Speed: From acquisition to lease execution in weeks — not months.
- Tenant Relationships: Our team’s long-standing retail partnerships allow us to align tenant demand with market opportunities.
- Disciplined Underwriting: We buy with a business plan already in motion — not speculation.
- Local Impact: We don’t just fill space. We bring life back to buildings that matter to the community.
