FCPT Announces Acquisition of a Sprouts Farmers Market Property for $8.6 Million and Total 2025 Acquisition Volume of $318 Million

Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of a Sprouts Farmers Market property for $8.6 million, indicating a strategic move to enhance its portfolio of high-quality, net-leased restaurant and retail properties [1] Acquisition Details - The acquired property is located in a strong retail corridor in Tennessee, suggesting a favorable market position for future growth [1] - The property is corporate-operated under a long-term net lease, which provides stability and predictability in rental income for the company [1] - The transaction was priced at a cap rate, although specific cap rate details were not disclosed [1]