FCPT Announces Acquisition of a Buffalo Wild Wings Property for $2.5 Million
18 Julho 2024 - 6:58PM
Business Wire
Four Corners Property Trust (NYSE:FCPT), a real estate
investment trust primarily engaged in the ownership and acquisition
of high-quality, net-leased restaurant and retail properties
(“FCPT” or the “Company”), is pleased to announce the acquisition
of a Buffalo Wild Wings property for $2.5 million. The property is
located in a highly trafficked corridor in Texas and
corporate-operated under a net lease. The transaction was priced at
a cap rate in range with previous FCPT transactions.
About FCPT
FCPT, headquartered in Mill Valley, CA, is a real estate
investment trust primarily engaged in the ownership, acquisition
and leasing of restaurant and retail properties. The Company seeks
to grow its portfolio by acquiring additional real estate to lease,
on a net basis, for use in the restaurant and retail industries.
Additional information about FCPT can be found on the website at
www.fcpt.com.
Category: Acquisition
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version on businesswire.com: https://www.businesswire.com/news/home/20240718817512/en/
Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO
Patrick Wernig, 415-965-8038 CFO
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