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FCPT Four Corners Property Trust Inc

23.44
-0.04 (-0.17%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Four Corners Property Trust Inc NYSE:FCPT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.17% 23.44 23.77 23.38 23.59 291,394 01:00:00

FCPT Announces Acquisition of an Advance Auto Parts Property for $2.3 million

12/07/2022 9:47pm

Business Wire


Four Corners Property (NYSE:FCPT)
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From Apr 2022 to Apr 2024

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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 an Advance Auto Parts property for $2.3 million. The property is located in a highly trafficked corridor in Illinois and is corporate-operated under a net lease. The transaction was priced at a 6.3% capitalization rate, exclusive of transaction costs.

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.

Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO

Gerry Morgan, 415-965-8032 CFO

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