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  208.27
+0.35 (0.17%)
AAPL  265.92
-7.03 (-2.58%)
AMD  198.01
-5.67 (-2.78%)
BAC  49.81
-2.48 (-4.75%)
GOOG  305.37
-1.78 (-0.58%)
META  639.79
-17.22 (-2.62%)
MSFT  393.75
-7.98 (-1.99%)
NVDA  178.85
-6.03 (-3.26%)
ORCL  143.06
-7.25 (-4.82%)
TSLA  399.44
-9.14 (-2.24%)
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.