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FCPT Announces Acquisition of a Heartland Dental Property for $3.3 Million
Businesswireยท 2025-10-17 20:35
Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired a Heartland Dental property for $3.3 million, indicating the company's ongoing strategy to expand its portfolio of high-quality, net-leased properties [1] Acquisition Details - The acquired property is situated in a highly trafficked corridor in Oklahoma, which is expected to enhance its value and rental income potential [1] - The property operates under a triple net lease, providing a stable income stream for the company [1] - There are approximately four years remaining on the lease term, which adds to the predictability of cash flows from this investment [1]