FOUR CORNERS PROPERTY TRUST overview

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long-term, triple net leases. The...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition via sale-leaseback of six Christian Brothers Automotive properties for $24.8 million. The properties are located across Georgia (2), Indiana (2), Florida (1), and Illinois (1). The sites are in strong retail corridors with high traffic and...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a National Veterinary Associates property for $3.5 million. The property is located in Connecticut and is corporate-operated under a new long-term, triple net lease with annual rent bumps. The transaction was priced at a cap rate in range...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of nine American Family Care properties for $21.2 million. American Family Care is an urgent care, family care, and primary care operator with 384 clinics across 33 states, known for its patient-first approach to providing high-quality...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Riverview Health outpatient primary care properties for $13.5 million via sale leaseback. Riverview Health is a non-profit health system that is owned by Hamilton County (Indiana) and is comprised of two hospitals and many additional...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a MercyOne outpatient clinic property for $2.8 million. The property is located in a strong retail corridor in Iowa and is under a triple net lease with approximately five years of term remaining. The transaction was priced at a 7.8% cap...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a P.F. Chang's property for $4.8 million. P.F. Chang’s China Bistro is an American-based, casual dining restaurant chain with over 200 locations across the United States, serving Asian fusion cuisine. The property is located in a highly...

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a City Barbeque property for $2.6 million. City Barbeque is a 25-year-old fast casual barbeque concept with approximately 75 units primarily serving the Southeast and Midwest. The property is newly constructed and located in a highly...