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  225.19
-5.11 (-2.22%)
AAPL  271.39
+1.69 (0.63%)
AMD  260.64
-3.69 (-1.40%)
BAC  53.07
+0.49 (0.93%)
GOOG  284.77
+9.60 (3.49%)
META  666.54
-85.13 (-11.33%)
MSFT  530.73
-10.82 (-2.00%)
NVDA  203.78
-3.26 (-1.57%)
ORCL  268.52
-6.78 (-2.46%)
TSLA  454.24
-7.27 (-1.58%)
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.