Core Insights - Four Corners Property Trust (FCPT) has acquired a newly constructed Jiffy Lube automotive property for $2.7 million, highlighting the company's strategy to expand and diversify its portfolio [1][7] - The property has a 7% cap rate on rent and is located in a strong retail corridor in Colorado, featuring a long-term triple-net lease with approximately 12 years remaining [1][7] Acquisition Strategy - 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 [2] - In early December, FCPT also acquired a Baptist Health property for $4.7 million, located in Alabama, under a long-term net lease with around 10 years remaining [2] Recent Performance - In Q3 2025, FCPT acquired 28 properties totaling $82 million, with a weighted-average remaining lease term of 11.6 years, diversifying its portfolio across various industries [3] - The acquisitions included 39% medical, 36% auto service, 16% quick service restaurants, and 9% casual dining restaurants by purchase price [3] Financial Considerations - The company's strategy aims to create a resilient portfolio capable of withstanding different economic cycles, although it faces challenges due to a significant debt load of $1.21 billion, which may lead to high borrowing costs [4] - Over the past three months, FCPT's shares have declined by 10.2%, contrasting with a 0.7% decline in the industry [4]

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 Jiffy Lube property for $2.7 million. The property is newly constructed and located in a strong retail corridor in Colorado. The property is under a long term, triple net lease guaranteed by the corporate e. ...

Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of a Baptist Health property for $4.7 million, indicating a strategic move to expand its portfolio in high-quality, net-leased properties [1] Group 1: Acquisition Details - The acquired property is newly constructed and located in a strong retail corridor in Alabama [1] - The property is corporate-operated under a long-term net lease with approximately ten years remaining [1]

Core Insights - Four Corners Property Trust (FCPT) has acquired a VCA animal hospital property for $5.8 million, reflecting its strategy to expand its portfolio amid economic uncertainty [1][7] - The acquisition aligns with FCPT's ongoing efforts to build a diversified portfolio, having recently purchased a Caliber Collision property for $4.9 million [2][7] - In Q3 2025, FCPT acquired 28 properties valued at $82 million, with a weighted average remaining lease term of 11.6 years, enhancing revenue stability across various industries [3][4] Company Strategy - FCPT's acquisition strategy focuses on structuring a portfolio resilient to economic cycles, with recent purchases indicating a commitment to diversification [4][7] - The company has a significant debt load of $1.21 billion, which may pose challenges to its growth plans and keep borrowing costs elevated [4] Market Performance - Over the past three months, FCPT's shares have declined by 9.2%, contrasting with the industry's growth of 1.8% [4]

Core Insights - Four Corners Property Trust (FCPT) has acquired two Hawaiian Bros properties for $5.9 million through a sale-leaseback transaction, indicating a strategic move to expand its portfolio in the fast casual dining sector [1][8] - The newly constructed properties are situated in strong retail corridors in Arizona and Texas, and are operated under long-term, triple-net leases, which are favorable for stable income generation [2][8] - FCPT's recent acquisitions reflect its diversification strategy, with a focus on high-quality, net-leased restaurant and retail properties, which enhances portfolio stability [4][5] Acquisition Details - The acquisition of the Hawaiian Bros properties is part of FCPT's ongoing strategy to expand its holdings in the restaurant sector, following a recent purchase of three automotive service properties for the same amount of $5.9 million [3][8] - In the third quarter of 2025, FCPT expanded its portfolio significantly by acquiring 28 properties valued at $82 million, with a cap rate of 6.8%, showcasing its active investment approach [4] Market Context - The company faces increasing competition from private equity funds in the net lease market, which may pressure acquisition yields and impact FCPT's ability to secure attractive deals [5] - Over the past three months, FCPT's shares have declined by 6.3%, contrasting with a 1.4% growth in the broader industry, indicating potential challenges in the current market environment [5]

Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of three automotive service properties for $5.9 million, indicating a strategic move to expand its portfolio in high-quality, net-leased properties [1] Group 1: Acquisition Details - The acquisition was made via sale leaseback, a common strategy in real estate investment trusts (REITs) [1] - The properties are located in strong retail corridors in Missouri, suggesting a focus on prime locations for investment [1] - The properties are corporate-operated under triple net leases with a duration of 15 years, providing stable and predictable cash flows for the company [1]

Core Insights - Four Corners Property Trust (FCPT) has declared a quarterly cash dividend of 36.65 cents per share, marking a 3.2% increase from the previous payout of 35.50 cents per share [1][8] - The annualized dividend payout now stands at $1.466 per share, resulting in an annualized yield of 5.98% based on the stock's closing price of $24.53 on Nov. 11, 2025 [2][8] - FCPT has demonstrated a commitment to solid dividend payouts, having increased its dividend five times in the last five years, with a five-year annualized growth rate of 2.54% [3][8] Company Overview - FCPT primarily focuses on the ownership and acquisition of high-quality, net-leased restaurant and retail properties, aiming to expand its portfolio through additional real estate acquisitions [4] - The company maintains a robust balance sheet with approximately $490 million in available liquidity as of Sept. 30, 2025, and holds credit ratings of BBB and Baa3 from Fitch and Moody's, allowing for favorable debt financing [4] Financial Performance - FCPT's ability to generate strong cash flows, coupled with a lower debt-equity ratio compared to the industry, supports the sustainability of the latest dividend rate over the long term [5] - In the past month, FCPT's shares have increased by 2.9%, while the industry has seen a growth of 3.9% [5]

Core Insights - Four Corners Property Trust (FCPT) has acquired a veterinary clinic portfolio consisting of five properties for $13.8 million, reflecting the company's strategy to expand its portfolio amid economic uncertainty [1][8] Acquisition Details - The portfolio includes two properties from National Veterinary Associates, two from Banfield Pet Hospital, and one from Mission Pet Health, with locations in California, Florida, North Carolina, and Texas [2][8] - The acquisition was priced at a 7.3% cap rate on rent, with properties under corporate-operated net leases and a weighted average remaining lease term of nine years [2] Company Strategy and Performance - FCPT is a real estate investment trust (REIT) focused on acquiring high-quality, net-leased restaurant and retail properties, with a history of successful acquisitions [3] - In Q3 2025, FCPT acquired 28 properties valued at $82 million, diversifying its portfolio across various industries, including 39% medical, 36% auto service, 16% quick service restaurants, and 9% casual dining restaurants by purchase price [4][8] - The company's strategy aims to create a resilient portfolio capable of withstanding different economic cycles, although it faces challenges due to a significant debt load of $1.23 billion, which may lead to high borrowing costs [5] Market Performance - Over the past three months, FCPT's shares have declined by 4.9%, contrasting with the industry's growth of 3.4% [5]

Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of a veterinary clinic portfolio for $13.8 million, indicating a strategic expansion into the veterinary sector within its real estate investment focus [1] Company Summary - FCPT is a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties [1] - The newly acquired portfolio consists of five properties, including two from National Veterinary Associates, two from Banfield Pet Hospital, and one from Mission Pet Health [1]

Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of an SCA Health property for $3.9 million, indicating its ongoing strategy to expand its portfolio of high-quality, net-leased restaurant and retail properties [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] - The acquisition involves SCA Health, a subsidiary of UnitedHealth Group under its Optum division, which operates over 370 clinical locations and 400 physician practice clinics nationwide [1]