Skip to main content

FCPT Announces Acquisition of a Kum & Go Property for $1.6 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 Kum & Go convenience store property for $1.6 million. The property is located in a highly trafficked corridor in Oklahoma and is corporate-operated under a triple net lease with approximately four years of term remaining. The transaction was priced at a 6.85% 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  209.64
+1.08 (0.52%)
AAPL  273.53
+1.39 (0.51%)
AMD  211.63
-2.21 (-1.03%)
BAC  51.55
+1.15 (2.27%)
GOOG  311.12
+0.20 (0.06%)
META  650.76
+11.46 (1.79%)
MSFT  396.95
+7.95 (2.04%)
NVDA  197.09
+4.24 (2.20%)
ORCL  150.33
+4.19 (2.87%)
TSLA  414.15
+4.77 (1.17%)
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.