Skip to main content

FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.3 Million

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 corporate WellNow Urgent Care property for $2.3 million. The property is located in a strong retail corridor in New York and is occupied under a long-term net lease. The transaction was priced at a capitalization rate consistent with previous FCPT transactions.

About FCPT

FCPT, 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, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Contacts

Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO

Gerry Morgan, 415-965-8032

CFO

Recent Quotes

View More
Symbol Price Change (%)
AMZN  206.09
+4.94 (2.46%)
AAPL  265.48
+1.60 (0.61%)
AMD  202.86
-0.22 (-0.11%)
BAC  53.35
+0.61 (1.17%)
GOOG  305.14
+2.32 (0.77%)
META  641.37
+2.08 (0.33%)
MSFT  401.45
+4.59 (1.16%)
NVDA  189.24
+4.27 (2.31%)
ORCL  156.97
+3.00 (1.95%)
TSLA  415.57
+4.94 (1.20%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.