Skip to main content

FCPT Announces Acquisition of a Pathway Vet Alliance Property for $1.8 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 Pathway Vet Alliance property for $1.8 million. The property is located in a highly trafficked retail corridor in Utah and is corporate-operated under a triple net lease with approximately 11 years of term remaining. The property was priced at a 6.7% capitalization rate, exclusive of transaction costs.

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  208.68
+3.82 (1.86%)
AAPL  262.00
+1.42 (0.55%)
AMD  202.50
-0.87 (-0.43%)
BAC  52.48
-0.30 (-0.56%)
GOOG  314.64
+11.08 (3.65%)
META  658.59
+13.81 (2.14%)
MSFT  397.39
-1.07 (-0.27%)
NVDA  189.32
+1.42 (0.75%)
ORCL  151.36
-5.18 (-3.31%)
TSLA  411.30
-0.41 (-0.10%)
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.