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  227.60
-1.93 (-0.84%)
AAPL  277.25
-1.53 (-0.55%)
AMD  220.93
+2.96 (1.36%)
BAC  53.88
-0.07 (-0.13%)
GOOG  313.00
-9.09 (-2.82%)
META  668.96
-4.46 (-0.66%)
MSFT  491.26
+8.10 (1.68%)
NVDA  185.80
+3.39 (1.86%)
ORCL  220.33
+2.75 (1.26%)
TSLA  438.85
-16.15 (-3.55%)
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.