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TCII Secures Strategic Walgreens Renewal in Portland, OR Acquisition


TCII is proud to announce the acquisition of the Walgreens property located at 4325 SE 82nd Ave, Portland, OR 97266 with our partner Ladue Interests.


Executing Value During Due Diligence

During the due diligence phase, TCII successfully negotiated and finalized a new 10-year lease renewal with Walgreens — one of the nation’s most creditworthy and recognized retail tenants.

By securing a long-term extension prior to closing, we were able to:

  • Eliminate rollover risk
  • Enhance the investment profile
  • Lock in long-term cash flow stability
  • Close at a still attractive blended cap rate

Prime Location, Long-Term Stability

The 4325 SE 82nd Ave location benefits from strong traffic counts, dense surrounding demographics, and proximity to major retail anchors, making it a key store for Walgreens’ long-term strategy in the Portland market.

With a new 10-year lease in place, this property provides both durable income and the potential for future value creation.


Another Proof Point of TCII’s Model

This acquisition highlights what sets TCII apart:

  • Leasing first, not last
  • Active value creation during due diligence
  • Relentless focus on risk mitigation and upside potential

We don’t just buy real estate, we create long-term value before the ink is dry.

walgreens portland, or (drone) 2