FCPT Announces Acquisition of an Olive Garden Property for $2.2 Million

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]