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 Inc (NYSE: FCPT) is a leading net lease REIT specializing in restaurant and retail real estate. This page serves as the definitive source for official company announcements, financial updates, and strategic developments. Investors and analysts will find curated press releases detailing portfolio acquisitions, earnings reports, and operational milestones.
Our repository provides timely access to FCPT's sale-leaseback transactions, property expansions, and management initiatives. Key updates include quarterly financial results, dividend declarations, and geographic diversification efforts across its 48-state portfolio. All content is sourced directly from company filings and verified channels.
Bookmark this page for streamlined tracking of FCPT's net lease operations and restaurant real estate strategies. Regular updates ensure you stay informed about tenant partnerships, credit rating changes, and market positioning within the REIT sector. For comprehensive analysis of FCPT's performance indicators and industry trends, visit Stock Titan regularly.
Four Corners Property Trust (FCPT) has announced the acquisition of a Tires Plus property in Illinois for $2.3 million. The property, located in a busy retail corridor, is occupied under a triple net lease with approximately one year remaining on the lease term. The acquisition was made at a capitalization rate of 6.7%, exclusive of transaction costs. This move aligns with FCPT's strategy to expand its portfolio of high-quality net-leased restaurant and retail properties.
Four Corners Property Trust (FCPT) has acquired a Fresenius Medical Care property in North Carolina for $3.4 million. This purchase is secured under a net lease with 5 years remaining on the term and was priced at a 6.2% cash capitalization rate, excluding transaction costs. The acquisition aligns with FCPT's strategy to expand its portfolio of high-quality, net-leased restaurant and retail properties.
Four Corners Property Trust (FCPT) has successfully acquired two KC Complete Auto properties in Missouri for $4.2 million. These properties, located in high-traffic areas, are leased under triple net agreements with about eight years remaining on the lease. The acquisition was undertaken at a 6.9% capitalization rate exclusive of transaction costs. This strategic move aims to enhance FCPT's portfolio in the restaurant and retail sectors, further solidifying its position in the market.
Four Corners Property Trust (NYSE: FCPT) has announced the sale of a Bob Evans restaurant property for $1.5 million, resulting from an unsolicited offer. The transaction carries a 4.5% cap rate on current rent and will yield an immaterial gain for the company. Proceeds will be reinvested into new opportunities via a 1031-Exchange, with net cash held in escrow until a new property is acquired. If comparable properties are not identified within 45 days or acquired within 180 days, FCPT will incur a tax on the gain from the sale.
Four Corners Property Trust (NYSE:FCPT) has acquired a Mavis Tire property in Illinois for $2.8 million. The site is in a busy area and is leased under a triple net agreement, with about 5 years remaining on the lease term. The acquisition was made at a 6.8% going-in cash capitalization rate, not including transaction costs. This acquisition aligns with FCPT's strategy to expand its portfolio in the restaurant and retail sectors.
Four Corners Property Trust (NYSE: FCPT) will release its financial results for Q1 2022 on
Four Corners Property Trust (FCPT) has acquired five Fresenius Medical Care properties in Louisiana for $9.4 million. These properties are corporate-operated under net leases with an average remaining term of 6 years. The transaction was executed at a 6.5% going-in cash capitalization rate, excluding transaction costs. This acquisition aligns with FCPT's strategy to expand its portfolio in the restaurant and retail sector.
Four Corners Property Trust (FCPT) has acquired four outparcel properties for $9.8 million, expanding its portfolio in a strong retail corridor in Alabama. The properties are leased to well-known brands, including Bonefish Grill, Jared, Olive Garden, and Outback Steakhouse, under net leases. This acquisition aligns with FCPT's strategy to grow its holdings in high-quality restaurant and retail properties. The transaction was priced within the range of previous acquisitions, reflecting a stable cap rate.
Four Corners Property Trust (FCPT) has acquired an Express Oil Change property in Mississippi for $1.5 million, under a long-term triple net lease with approximately 11 years remaining. The acquisition was made at a 6.3% capitalization rate, indicating a solid return on investment. This acquisition aligns with FCPT's strategy to expand its high-quality, net-leased restaurant and retail property portfolio. The location is in a high-traffic area, which is expected to enhance the value and performance of the investment.
Four Corners Property Trust (FCPT) has acquired a Red Lobster restaurant property in Arizona for $2.4 million. This strategic acquisition is located in a thriving retail corridor and is secured under a triple net lease, which has approximately eight years remaining. The acquisition was executed at a 6.25% capitalization rate, not including transaction costs. FCPT aims to expand its portfolio by acquiring high-quality, net-leased restaurant and retail properties.
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