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 four Tire Discounters properties for $9.1 million via sale-leaseback transaction. Tire Discounters is the country’s largest family-owned and operated automotive service provider, currently operating over 200 retail locations and growing....

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 Jiffy Lube property for $1.6 million. The property is located in a strong retail corridor in Iowa and is occupied under a long-term triple net lease with approximately 12 years of term remaining. The transaction was priced at a 7.0% 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 dual-tenant Aspen Dental and WellNow Urgent Care property for $3.3 million. The property is located in a retail corridor in New York and is occupied under a long-term net lease. The transaction was priced at a cap rate in range with...

Four Corners Property Trust, Inc. (“FCPT” or the “Company”) (NYSE: FCPT) today announced financial results for the three months and six months ended June 30, 2023. Management Comments “In the second quarter, FCPT capitalized on the more buyer-friendly market environment to acquire $170 million of high-quality properties. Including the $110 million of acquisitions closed in July, our year to date acquisition totals are $301 million, which surpasses our previous highest annual...

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 Covenant Health Emergency Room for $8.7 million. Covenant Health is part of the larger Providence Health & Services health care system. The property is located in a strong retail corridor in Texas and is corporate-operated under a net...

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 four newly built properties for $17.9 million. The portfolio spans eight brands and nine leases: Starbucks (2), Aspen Dental, Bronson Health, Great Clips, Mattress Firm, Oak Street Health, Taco Bell, and WellNow Urgent Care. The properties...

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 Fast Pace Urgent Care property for $2.3 million. The property is located in a retail corridor in Louisiana and is occupied under a long-term net lease. The transaction was priced at a cap rate in range with previous FCPT transactions....

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 Wawa properties for $2.5 million. The properties are located in strong retail corridors in New Jersey and are corporate-operated under a long-term, triple net lease with a weighted average of 1.4 years of term remaining. The...