FCPT Announces Acquisition of a Burger King Restaurant Property for $1.8 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 Burger King restaurant property for $1.8 million. The property is located in Alabama and is occupied under a corporate guaranteed triple-net lease with approximately 4 years of term remaining. The transaction was priced at a 6.7% going-in cash capitalization rate.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. Additional information about FCPT can be found on the website at www.fcpt.com.View source version on businesswire.com: https://www.businesswire.com/news/home/20200312005825
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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
- FCPT Announces Acquisition of a Miller's Ale House Property for $3.8 MillionBusiness Wire
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