Four Corners Ppty Tr Inc Stock Price, News & Analysis

Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of a Cooper’s Hawk restaurant property for a total investment of $7.8 million. This investment includes tenant improvement allowances and is located in a strong retail corridor in Illinois. The property is corporate-operated and secured under a new long-term triple net lease. The pricing of this transaction aligns with FCPT's previous deals, reflecting consistent cap rates.

Headquartered in Mill Valley, CA, FCPT focuses on owning, acquiring, and leasing restaurant and retail properties, with a strategy to expand its portfolio through net leases.

Four Corners Property Trust (NYSE: FCPT) will release its financial results for the first quarter of 2023 after market close on May 1, 2023. A conference call for investors and analysts is scheduled for May 2, 2023, at 11:30 a.m. Eastern Time to discuss these results. Investors can pre-register for the call to expedite entry and avoid waiting for an operator. FCPT, which focuses on the acquisition and leasing of restaurant and retail properties, aims to grow its portfolio through new acquisitions. Further details, including live call access numbers and links to the web broadcast, are provided in the announcement.

Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of a Midwest Orthopedic Network property for $4.3 million. This property, situated in a prominent medical corridor in Wisconsin, is corporate-operated under a net lease, with approximately four years remaining and an annual rent escalation of 2.5%. The acquisition was priced at an 8.1% cap rate, excluding transaction costs, reflecting FCPT's strategy to expand its portfolio of high-quality, net-leased restaurant and retail properties.

Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of a VCA Animal Hospital property for $1.2 million, located in Virginia. The deal features a net lease with approximately three years remaining and a capitalization rate of 7.6%. This transaction reflects FCPT's ongoing strategy to enhance its portfolio of high-quality, net-leased restaurant and retail properties. As a real estate investment trust, FCPT focuses on acquiring and leasing properties to drive growth in the restaurant and retail sectors.

Four Corners Property Trust (FCPT) has successfully acquired a WellNow Urgent Care property for $2.5 million. The newly constructed facility is situated in a strong retail corridor in Indiana and is operated under a long-term net lease. The cap rate for this transaction aligns with previous deals made by FCPT, highlighting the company’s strategy of acquiring high-quality, net-leased properties in the restaurant and retail sectors. This acquisition is expected to contribute positively to FCPT's portfolio growth and revenue potential.

Four Corners Property Trust (FCPT) has acquired a Methodist Le Bonheur Pediatric Clinic property in Tennessee for $3.3 million. The property is situated in a prominent retail corridor and is leased under a net lease structure with about four years remaining on the lease term. The acquisition is based on a 6.9% cap rate on rent at the time of closing, excluding transaction costs. This strategic purchase aligns with FCPT's portfolio expansion goals in the net-leased restaurant and retail property sectors.

Four Corners Property Trust (FCPT) has announced the acquisition of a Chili’s property in New York for under $1 million. This asset is corporate-operated under a triple net lease and has approximately four years remaining on its lease term. The transaction is in line with FCPT's previous acquisitions, priced at a cap rate consistent with the company’s historical transactions. This move reflects FCPT's strategy to expand its portfolio in the restaurant and retail sectors.

Four Corners Property Trust (FCPT) announces the acquisition of a WellNow Urgent Care center for $2.2 million. The property is situated in a prime retail area in Indiana and is operated by a corporate entity. This acquisition aligns with FCPT's strategy of expanding its portfolio of high-quality, net-leased properties. The transaction's cap rate is consistent with prior acquisitions by FCPT, indicating stable investment metrics. This move enhances FCPT's position in the healthcare segment, which may support future growth.

Four Corners Property Trust (NYSE:FCPT) announced the acquisition of an Aspen Dental property for $1.9 million located in a prime retail corridor in New Mexico. This corporate-operated property is expected to enhance FCPT's portfolio, with the transaction priced at a cap rate consistent with previous acquisitions. FCPT continues to focus on expanding its holdings in high-quality, net-leased restaurant and retail real estate.