Welcome to our dedicated page for Four Corners Ppty Tr news (Ticker: FCPT), a resource for investors and traders seeking the latest updates and insights on Four Corners Ppty Tr stock.
Four Corners Property Trust reports news centered on its REIT portfolio of net-leased restaurant and retail properties. Company updates frequently cover acquisitions of corporate-operated properties leased to restaurant, automotive service, veterinary, tire retail and other retail tenants, with details on lease structure, remaining term and acquisition capitalization rates.
FCPT news also includes quarterly financial and operating results, rent collection and occupancy commentary, investor presentations, and balance-sheet activity such as senior unsecured term loan facilities used to support its property acquisition pipeline and general corporate purposes.
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of five Novant Health Urgent Care properties for $11.7 million. The assets are located in strong retail corridors in South Carolina and are corporate-operated under net leases with approximately five years of remaining term.
The transaction was priced at a 6.9% cap rate, which includes rent credits received at closing and is stated exclusive of transaction costs. According to FCPT, the deal aligns with its strategy of growing a portfolio of high-quality, net-leased properties by acquiring additional real estate for long-term leasing.
Four Corners Property Trust (NYSE:FCPT) acquired a Sun Auto Tire & Service property in North Carolina for $2.5 million via a sale-leaseback. The site is corporate-operated under a long-term, triple net lease with about 15 years remaining, at a cap rate aligned with prior FCPT transactions.
Four Corners Property Trust (NYSE: FCPT) reported second quarter 2026 rental revenue of $70.0 million, up 8.0% year over year, and net income attributable to common shareholders of $30.0 million or $0.27 per diluted share. NAREIT-defined FFO was $46.1 million or $0.42 per diluted share, while AFFO reached $49.5 million or $0.45 per diluted share, up 1.4%.
As of June 30, 2026, FCPT owned 1,336 properties across 48 states, 99.5% occupied with a weighted average remaining lease term of 6.6 years, and reported rent collections of 99.7%. The company acquired 23 properties for $57.2 million at a 6.8% initial cash yield and ended the quarter with approximately $525 million of liquidity and net debt to adjusted EBITDAre of 5.2x.
Four Corners Property Trust (NYSE:FCPT) upsized its unsecured credit facility from $940 million to $1.15 billion via a new $400 million senior unsecured term loan maturing in August 2031. Of this, $190 million will repay loans maturing in late 2026 and early 2027, while $210 million is expected to fund investments and general corporate purposes. FCPT secured tighter credit spreads, with term loans priced at SOFR + 0.90% and revolving loans at SOFR + 0.85%, implying an all‑in term loan rate of about 4.5%. The 5–10 bps spread improvement is estimated to save roughly $450,000 in annual interest across $800 million of term loans. An existing $85 million tranche was extended to March 2028 with a one‑year extension option, and, on a fully drawn basis, 72% of term loans and 82% of total debt will be fixed‑rate after August 2026, with full availability under the $350 million revolver.
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a D&W Fresh Market grocery property for $6.9 million. D&W Fresh Market is a regional grocery banner with 10 locations in Western Michigan and is operated by C&S Wholesale Grocers.
The acquired Michigan property is located along a highly trafficked corridor and is corporate-operated under a long-term net lease, meaning the tenant is responsible for most property operating expenses. According to Four Corners Property Trust, the deal was priced at a capitalization rate generally consistent with its prior transactions, aligning this acquisition with the company’s existing investment profile focused on net-leased restaurant and retail assets.
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a Buffalo Wild Wings property in Idaho for $2.9 million. The asset is located in a strong retail corridor and is corporate-operated under a long-term, triple net lease, with approximately seven years of remaining term.
According to Four Corners Property Trust, the transaction was priced at a 7.0% cap rate based on rent as of the closing date, excluding transaction costs. FCPT, a Mill Valley, California-based real estate investment trust focused on net-leased restaurant and retail properties, continues to pursue growth by acquiring additional properties to lease on a net basis to tenants in these sectors.
Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a newly constructed Left Lane Auto property in South Carolina for $3.1 million. The asset is located in a strong, highly trafficked retail corridor and is corporate-operated.
According to Four Corners Property Trust, the property is subject to a long-term, triple net lease with approximately 15 years of remaining term, meaning the tenant is responsible for most property-level expenses. The transaction was priced at a 6.9% cap rate on rent as of the closing date, exclusive of transaction costs. FCPT describes itself as a real estate investment trust focused on owning, acquiring and leasing restaurant and retail properties on a net-lease basis, and indicates that it seeks to grow its portfolio through additional similar acquisitions.
Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a Novant Health Urgent Care property in South Carolina for $2.8 million. The medical property is located along a highly trafficked corridor and is corporate-operated under a long-term triple net lease, where the tenant is generally responsible for taxes, insurance and maintenance.
According to Four Corners Property Trust, the transaction was priced at a capitalization rate that is in line with previous FCPT acquisitions, indicating consistency with its established investment parameters. FCPT is a real estate investment trust focused on owning, acquiring and leasing primarily restaurant and retail properties on a net-lease basis, and seeks to grow its portfolio through additional real estate acquisitions. The company is headquartered in Mill Valley, California, and provides further information on its corporate website.
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a Burger King property in Minnesota for $1.6 million. The asset is located in a strong retail corridor and is franchisee-operated by Dhanani Group, one of the largest restaurant franchise operators in the U.S.
The restaurant is under a triple net lease with approximately six years of remaining term. According to Four Corners Property Trust, the transaction was priced at a 7.4% cap rate on rent as of the closing date, exclusive of transaction costs. FCPT focuses on owning and acquiring net-leased restaurant and retail properties.
Shore Capital Partners announced the sale of the Shore Capital Real Estate Partners Fund I portfolio to Four Corners Property Trust (NYSE: FCPT), comprising 102 Mission Pet Health veterinary properties for approximately $268 million. Veterinary operations are excluded; Mission Pet Health will remain the long-term tenant under net leases at each site.
The deal represents the full realization of Shore’s inaugural real estate fund, launched in 2021 to provide flexible real estate capital via sale-leasebacks, build-to-suit developments, and acquisition financing. Shore noted that Fund II has a broader mandate across Healthcare, Food & Beverage, Business Services, and Industrial portfolio companies, plus select non-Shore opportunities. The transaction closed on July 16, 2026.