FCPT Announces Acquisition via Sale-Leaseback of Five Christian Brothers Automotive Properties for $22.6 Million

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]