FCPT Announces Acquisition of Nine American Family Care Properties for $21.2 Million
20 Dezembro 2024 - 8:27PM
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 nine American Family Care properties for $21.2 million. American
Family Care is an urgent care, family care, and primary care
operator with 384 clinics across 33 states, known for its
patient-first approach to providing high-quality healthcare
services. The properties are located in strong retail corridors in
Alabama (7) and Tennessee (2) and are corporate-operated under long
term, triple net leases with approximately 14 years of term
remaining. 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
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241220668450/en/
Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO
Patrick Wernig, 415-965-8038 CFO
Four Corners Property (NYSE:FCPT)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Four Corners Property (NYSE:FCPT)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
