FCPT Announces Acquisition of a Buffalo Wild Wings Property for $2.6 Million
Four Corners Property Trust, Inc. (FCPT)
Last four corners property trust, inc. earnings: 2/12 04:05 pm
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fourcornerspropertytrust.com/aboutus.html
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Source: Business Wire
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a corporate-operated Buffalo Wild Wings restaurant property for $2.6 million. The property is located in Texas and is occupied under a double-net lease with approximately 3 years of term remaining. The transaction is the second of a two property Buffalo Wild Wings portfolio, the first of which was announced on October 28, 2019, and is priced at a 6.8% cash cap rate, inclusive of percentage rent paid and exclusive of transaction costs.About FCPTFCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and retail industries.
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FCPT
News
- Four Corners Boosts Portfolio With Acquisition of Multiple Properties [Yahoo! Finance]Yahoo! Finance
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- FCPT Declares Fourth Quarter 2024 DividendBusiness Wire
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FCPT
Earnings
- 10/30/24 - In-Line
FCPT
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 10/31/24 - Form 10-Q
- FCPT's page on the SEC website