Four Corners Continues Its Acquisition Spree to Boost Portfolio

Key Takeaways FCPT acquires a Tires Plus property in Georgia for $1.7M at a 7.4% cap rate under a triple-net lease. FCPT adds a newly built automotive service property for $5.8M in Texas under a long-term, triple-net lease. Both deals reflect its ongoing expansion and diversification efforts to support future revenue growth.Four Corners Property Trust (FCPT) recently announced the acquisition of a Tires Plus property for $1.7 million.The property is located in a highly trafficked corridor in Georgia. Pric ...