Skip to main content

FCPT Announces Acquisition of a National Veterinary Associates Property for $2.0 Million

Four Corners Property Trust (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a National Veterinary Associates property for $2.0 million. The property is located in Indiana and is corporate-operated under a new long-term, triple net lease with annual rent bumps. The transaction was priced at a cap rate in range with previous FCPT transactions.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail 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.

Category: Acquisition

Contacts

Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO



Patrick Wernig, 415-965-8038

CFO

Recent Quotes

View More
Symbol Price Change (%)
AMZN  206.64
+5.49 (2.73%)
AAPL  265.42
+1.54 (0.58%)
AMD  201.89
-1.19 (-0.59%)
BAC  53.42
+0.68 (1.30%)
GOOG  304.18
+1.36 (0.45%)
META  639.84
+0.55 (0.09%)
MSFT  401.04
+4.18 (1.05%)
NVDA  189.75
+4.78 (2.58%)
ORCL  155.97
+2.00 (1.30%)
TSLA  414.65
+4.02 (0.98%)
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.