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  238.41
-4.56 (-1.87%)
AAPL  268.93
-1.08 (-0.40%)
AMD  243.33
-2.94 (-1.19%)
BAC  54.91
+0.88 (1.63%)
GOOG  343.53
-1.37 (-0.40%)
META  695.70
-10.71 (-1.52%)
MSFT  412.11
-11.26 (-2.66%)
NVDA  179.93
-5.68 (-3.06%)
ORCL  155.25
-4.81 (-3.00%)
TSLA  424.55
+2.74 (0.65%)
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.