FCPT Announces Acquisition of a Dual-Tenant Aspen Dental and WellNow Urgent Care Property for $3.3 million
04 Agosto 2023 - 12:32AM
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 dual-tenant Aspen Dental and WellNow Urgent Care property for
$3.3 million. The property is located in a retail corridor in New
York and is occupied under a long-term 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.
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Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO
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