Welcome to our dedicated page for Four Corners Property Trust news (Ticker: FCPT), a resource for investors and traders seeking the latest updates and insights on Four Corners Property Trust 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), a real estate investment trust focused on restaurant and retail properties, has announced the acquisition of a Mavis Tire property in Mississippi for $2.6 million. The strategic purchase is situated in a strong retail corridor and operates under a corporate triple net lease with approximately 11 years remaining. The transaction was structured with a 7.0% cap rate, which includes rent credits received at closing and excludes transaction costs.
Four Corners Property Trust (NYSE: FCPT) reported strong Q2 2025 financial results with significant portfolio growth. The company achieved rental revenue of $64.8 million, up 10.7% year-over-year, and net income of $27.9 million ($0.28 per diluted share).
Key highlights include $84.4 million in property acquisitions during Q2 at a 6.7% initial cash yield, bringing total acquisitions to $344 million over the past 12 months. The company maintains a strong 99.8% rent collection rate and 99.4% portfolio occupancy across 1,245 properties. FCPT's financial position remains solid with $562 million in available liquidity and a leverage ratio of 5.4x.
The company declared a quarterly dividend of $0.3550 per share and successfully raised capital through ATM sales, generating $172.7 million in anticipated gross proceeds year-to-date.
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust focused on restaurant and retail properties, has acquired two Caribou Coffee locations in Wisconsin for $2.8 million. The properties, situated in high-traffic areas, are corporate-operated under triple net leases with approximately seven years remaining on their terms.
The transaction was structured with a 7.3% cap rate on rent at closing, excluding transaction costs. This acquisition aligns with FCPT's strategy of owning high-quality, net-leased restaurant and retail properties.
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust specializing in restaurant properties, has announced the acquisition of two properties from Brookfield Properties for $4.8 million.
The acquired properties include a BJ's Restaurant and Brewhouse and a LongHorn Steakhouse, both located in a prime retail corridor in Pennsylvania. The properties are corporate-operated under triple net leases with a blended eight-year term. The transaction's capitalization rate aligns with FCPT's previous acquisitions.
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust focused on restaurant and retail properties, has acquired an Ethos Veterinary Health property in New York for $3.7 million.
The acquired property is situated in a prime retail corridor and operates under a triple net lease with approximately 5 years remaining. The transaction was completed at a 7.5% cap rate on rent at closing, excluding transaction costs. Ethos Veterinary Health operates over 140 specialty and emergency veterinary hospitals across North America.
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust focused on restaurant and retail properties, has announced the acquisition of six Novant Health Urgent Care properties for $12.0 million. The properties are strategically located in high-traffic areas across South Carolina and are secured by long-term, triple net leases with corporate operations.
The acquisition involves properties operated by Novant Health, a substantial healthcare network comprising over 900 locations, including 19 hospitals, 750+ physician clinics, urgent care centers, and various medical facilities. The transaction's cap rate aligns with FCPT's previous acquisitions, indicating consistent valuation metrics.
Four Corners Property Trust (NYSE:FCPT), a real estate investment trust focused on restaurant and retail properties, has acquired a LongHorn Steakhouse property in Michigan for $2.5 million. The strategic acquisition is situated in a high-traffic area and features a corporate-operated tenant under a triple net lease with approximately 7 years remaining. The transaction was structured at a 6.5% capitalization rate on rent at closing, excluding transaction costs.
Four Corners Property Trust (NYSE: FCPT), a REIT focused on restaurant and retail properties, has scheduled its Q2 2025 earnings release for July 29, 2025, after market close. The company will host a conference call and webcast on July 30, 2025, at 12:00 p.m. Eastern Time to discuss the financial results for the three and six months ended June 30, 2025.
The company has provided multiple ways to access the call, including a pre-registration option for expedited entry. The conference call replay will be available through October 28, 2025. FCPT continues its focus on growing its portfolio through acquiring and leasing properties in the restaurant and retail sectors.
Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of four Cheddar's Scratch Kitchen properties for $14.7 million. The properties are strategically located in retail corridors across Kentucky (2 locations), Indiana (1 location), and Virginia (1 location).
The acquired properties are corporate-operated under long-term triple net leases, aligning with FCPT's core business model as a real estate investment trust focused on high-quality, net-leased restaurant and retail properties. The transaction's cap rate is reported to be consistent with previous FCPT acquisitions.