Workflow
Four ners Property Trust(FCPT)
icon
Search documents
FCPT Announces Acquisition of an Outback Steakhouse Property for $2.4 Million
Businesswireยท 2025-10-20 22:42
Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired an Outback Steakhouse property for $2.4 million, indicating a strategic move to enhance its portfolio of high-quality, net-leased restaurant and retail properties [1] Acquisition Details - The acquired property is located in a highly trafficked corridor in Missouri, which is expected to provide strong foot traffic and visibility [1] - The property is corporate-operated under a triple net lease, ensuring stable income for the company [1] - The lease has approximately eight years remaining, providing a long-term revenue stream for FCPT [1]
FCPT Announces Acquisition of a Heartland Dental Property for $3.3 Million
Businesswireยท 2025-10-17 20:35
Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired a Heartland Dental property for $3.3 million, indicating the company's ongoing strategy to expand its portfolio of high-quality, net-leased properties [1] Acquisition Details - The acquired property is situated in a highly trafficked corridor in Oklahoma, which is expected to enhance its value and rental income potential [1] - The property operates under a triple net lease, providing a stable income stream for the company [1] - There are approximately four years remaining on the lease term, which adds to the predictability of cash flows from this investment [1]
FCPT to Report Third Quarter 2025 Financial Results
Businesswireยท 2025-10-01 21:45
Core Viewpoint - Four Corners Property Trust (FCPT) is set to release its financial results for the three and nine months ended September 30, 2025, after market close on October 28, 2025 [1] Company Summary - FCPT is a real estate investment trust (REIT) focused on owning and acquiring high-quality, net-leased restaurant and retail properties [1]
FCPT Announces Acquisition via Sale-Leaseback of Five Christian Brothers Automotive Properties for $22.6 Million
Businesswireยท 2025-09-30 22:02
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of five Christian Brothers Automotive properties through a sale-leaseback transaction for a total of $22.6 million, indicating a strategic move to expand its portfolio in high-quality, net-leased restaurant and retail properties [1] Group 1: Acquisition Details - The acquisition involves five properties located in Alabama (1), Illinois (1), Nebraska (2), and Tennessee (1) [1] - The total investment for these properties is $22.6 million, showcasing FCPT's commitment to investing in strong retail locations [1] Group 2: Company Profile - FCPT is a real estate investment trust (REIT) primarily focused on owning and acquiring high-quality, net-leased restaurant and retail properties [1]
FCPT Announces Acquisition of a Tires Plus Property for $1.6 Million
Businesswireยท 2025-09-30 21:34
Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired a Tires Plus property for $1.6 million, indicating its ongoing strategy to expand its portfolio of high-quality, net-leased restaurant and retail properties [1] Acquisition Details - The Tires Plus property is located in a strong retail corridor in Illinois, suggesting a favorable market position for the investment [1] - The property is corporate-operated under a triple net lease, which typically provides stable income for the landlord [1] - There are approximately four years remaining on the lease term, indicating a near-term opportunity for revenue generation [1]
FCPT Announces Acquisition of a VCA Animal Hospital Property for $3.4 Million
Businesswireยท 2025-09-29 21:45
Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired a VCA Animal Hospital property for $3.4 million, indicating a strategic move to expand its portfolio in the healthcare sector [1] Acquisition Details - The acquired property is located in a high-traffic area in New Jersey, which is expected to enhance its value and accessibility [1] - The property is corporate-operated under a net lease, with approximately eight years remaining on the lease term, providing a stable income stream for the company [1]
FCPT Announces Acquisition of a VCA Animal Hospital Property for $6.1 Million
Businesswireยท 2025-09-29 21:37
Core Insights - Four Corners Property Trust (FCPT) has announced the acquisition of a VCA Animal Hospital property for $6.1 million, indicating a strategic move to expand its portfolio in the healthcare sector [1] Company Summary - FCPT is a real estate investment trust (REIT) focused on owning and acquiring high-quality, net-leased restaurant and retail properties, showcasing its commitment to diversifying its asset base [1] - The acquired property is located in a high-traffic area in Illinois, which is expected to enhance the value and visibility of the investment [1] - The transaction involves a corporate-operated facility under a long-term net lease, providing stability and predictable cash flows for the company [1]
FCPT Announces Acquisition of a Left Lane Auto Property for $3.0 Million
Businesswireยท 2025-09-19 20:05
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of Left Lane Auto property for $3.0 million, expanding its portfolio in the net-leased restaurant and retail property sector [1] Group 1: Company Overview - FCPT is a real estate investment trust focused on owning and acquiring high-quality, net-leased restaurant and retail properties [1] - The company operates in the real estate sector, specifically targeting properties that generate stable income through long-term leases [1] Group 2: Acquisition Details - The acquisition of Left Lane Auto property was completed for a total of $3.0 million [1] - Left Lane Auto operates auto repair shops across 13 states, currently managing 67 units under various brands [1]
FCPT Declares Third Quarter 2025 Dividend
Businesswireยท 2025-09-15 20:05
Core Points - Four Corners Property Trust, Inc. (FCPT) announced a quarterly cash dividend of $0.3550 per share for Q3 2025, which translates to an annual dividend of $1.42 per share [1] - The dividend is scheduled to be paid on October 15, 2025, to shareholders who are on record as of September 30, 2025 [1] - FCPT is a real estate investment trust (REIT) based in Mill Valley, California, focusing on ownership, acquisition, and leasing of properties [1]
FCPT Resorts to Sale-Leaseback With Burger King Properties' Buyout
ZACKSยท 2025-08-15 14:25
Core Insights - Four Corners Property Trust (FCPT) has acquired four Burger King properties for $8.1 million through a sale-leaseback arrangement, indicating its strategy to diversify and enhance portfolio quality through acquisitions [1][7] Acquisition Details - The newly acquired properties are situated in strong retail corridors in Ohio, Kentucky, and Virginia, with a cap rate of 6.8% on rent at the closing date, excluding transaction costs [2] - These properties are under long-term, triple-net leases with 19 years remaining, which will help secure long-term cash flows for the company [2][7] Historical Acquisition Performance - FCPT has a history of acquisitions, having expanded its portfolio with total acquisitions worth $84 million at a 6.7% cap rate in the second quarter of 2025 [3] - Over the past 12 months, as of June 30, 2025, the company has acquired properties totaling $344 million at attractive pricing [3][7] Portfolio Diversification - Through recent acquisitions, FCPT has diversified more than half of its portfolio into new restaurant brands, medical retail, and auto service, ensuring stable revenue generation [4] - The company's portfolio mainly consists of outparcel properties in high-density retail corridors, with around 76% of its rent featuring unique benefits compared to regular net leases [5] Financial Considerations - The expansion efforts may encounter challenges due to a high-interest-rate environment, which could lead to elevated borrowing costs for the company [6]