Four ners Property Trust(FCPT)
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Four Corners Property: Better Valuation, But Limited Near‑Term Upside
Seeking Alpha· 2025-12-25 10:44
Company Overview - Four Corners Property (FCPT) has seen a decline in its share price from approximately $28 to around $23.50 over a span of 10 months [1] Analyst Background - The analyst has a strong academic foundation with a bachelor's degree in Finance and Banking and a master's degree in Financial Management and Investment [2] - The analyst holds certifications as a Capital Markets and Securities Analyst (CMSA) and a Financial Modeling & Valuation Analyst (FMVA), indicating specialized skills in financial evaluation and modeling [2] - The analyst has passed CFA Level 1 in May 2023, CFA Level 2 in September 2024, and plans to take CFA Level 3 in August 2025, enhancing expertise in investment analysis and portfolio management [2] Investment Philosophy - The analyst employs a contrarian investment approach, focusing on undervalued assets while maintaining a long-term perspective [2] - There is a preference for stable cash flow sectors such as consumer defensive, utilities, and real estate, aligning with value investing principles [2]
Four Corners Property Trust acquires Applebee’s property for $4.3M
Yahoo Finance· 2025-12-24 00:35
Four Corners Property Trust (FCPT) “announces the acquisition of an Applebee’s property for $4.3 million. The property is located in a strong retail corridor in California and franchisee-operated by Flynn Group under a triple net lease with approximately seven years of term remaining. The transaction was priced at a 6.2% cap rate on base rent and a 7.4% cap rate inclusive of estimated percentage rent both as of the closing date and exclusive of transaction costs.” Claim 70% Off TipRanks This Holiday Seas ...
FCPT Announces Acquisition of an Olive Garden Property for $2.2 Million
Businesswire· 2025-12-23 22:52
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of an Olive Garden property for $2.2 million, indicating a strategic move to expand its portfolio of high-quality, net-leased restaurant and retail properties [1] Group 1: Acquisition Details - The Olive Garden property is located in a highly trafficked corridor in Illinois, suggesting a favorable location for retail operations [1] - The property is corporate-operated under a long-term, triple net lease with approximately eight years remaining, which provides stability and predictability in rental income [1]
FCPT Announces Acquisition of a Crash Champions Property for $2.6 Million
Businesswire· 2025-12-23 21:55
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of a Crash Champions property for $2.6 million, indicating its continued strategy of investing in high-quality, net-leased restaurant and retail properties [1] Acquisition Details - The acquired property is located in a strong retail corridor in Ohio [1] - The property is corporate-operated under a long-term, net lease with approximately nine years of term remaining [1]
FCPT Continues With Expansionary Efforts, Buys Applebee's Property
ZACKS· 2025-12-23 15:41
Key Takeaways FCPT acquired an Applebee's site for $4.3M, leased under a triple-net deal with seven years remaining.FCPT bought a $4.4M National Veterinary Associates property on a long-term net lease with 15 years remaining.Recent acquisitions across medical, auto service and dining diversify revenues, yet debt levels pose risks.Four Corners Property Trust (FCPT) recently announced the acquisition of an Applebee's property for $4.3 million. The move highlights expansionary and diversification efforts.The p ...
FCPT Announces Acquisition of an Applebee's Property for $4.3 Million
Businesswire· 2025-12-23 00:23
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of an Applebee's property for $4.3 million, indicating a strategic move to enhance its portfolio in the restaurant and retail sector [1] Acquisition Details - The acquired property is located in a strong retail corridor in California, suggesting a favorable market position for the investment [1] - The property is operated by Flynn Group under a triple net lease, which typically provides stable income for the landlord [1] - The lease has approximately seven years remaining, indicating a long-term commitment from the franchisee [1]
FCPT Announces Acquisition of a National Veterinary Associates Property for $4.4 Million
Businesswire· 2025-12-22 22:55
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT†or the "Company†), is pleased to announce the acquisition of a National Veterinary Associates property for $4.4 million. The property is newly constructed and located in a highly trafficked corridor in Georgia and is corporate-operated, under a long term, net lease wit. ...
Four Corners Expands Portfolio With Multiple Property Acquisitions
ZACKS· 2025-12-17 15:35
Core Insights - Four Corners Property Trust (FCPT) has announced multiple acquisitions totaling $11.6 million, highlighting its strategy to expand and diversify its portfolio [1][7] - The company acquired a Tires Plus property in Georgia for $2.3 million, which is corporate-operated under a long-term triple-net lease [1] - FCPT also purchased four Mission Pet Health properties for $9.3 million, located in strong retail corridors in Illinois and Wisconsin, with a 6.9% cap rate and an average lease term of 11 years remaining [2][7] Company Overview - FCPT is a real estate investment trust (REIT) focused on owning and acquiring high-quality, net-leased restaurant and retail properties, with a history of successful acquisitions [3] - In December, FCPT acquired a newly constructed Jiffy Lube property for $2.7 million, also under a long-term triple-net lease with approximately 12 years remaining [3] Recent Acquisitions - In Q3 2025, FCPT acquired 28 properties for $82 million, with a weighted-average remaining lease term of 11.6 years, diversifying its portfolio across various industries [4] - The acquisitions included 39% medical, 36% auto service, 16% quick service restaurants, and 9% casual dining restaurants by purchase price [4] Strategic Positioning - The recent purchases align with FCPT's strategy to build a resilient portfolio capable of withstanding different economic cycles [5][7] - However, the company faces challenges due to a significant debt load of $1.21 billion, which may lead to elevated borrowing costs [5][7] Market Performance - Over the past three months, FCPT's shares have declined by 9.7%, contrasting with a minor industry decline of 0.2% [5]
FCPT Announces Acquisition of a Tires Plus Property for $2.3 Million
Businesswire· 2025-12-17 00:23
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of a Tires Plus property for $2.3 million, indicating a strategic move to enhance 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 Georgia, suggesting a favorable market position for the investment [1] - The property is corporate-operated under a long-term, triple net lease, which typically provides stable income for real estate investment trusts [1] - The transaction was priced at a cap rate, although the specific cap rate percentage is not disclosed in the announcement [1]
FCPT Announces Acquisition of Four Mission Pet Health Properties for $9.3 Million
Businesswire· 2025-12-17 00:18
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of four Mission Pet Health properties for a total of $9.3 million, indicating a strategic move to expand its portfolio in high-quality, net-leased restaurant and retail properties [1] Group 1: Acquisition Details - The acquired properties are located in strong retail corridors, with three in Illinois and one in Wisconsin [1] - The properties are corporate-operated and secured under long-term net leases, which provides stability and predictability in cash flows for the company [1]