checkAd

FCPT Announces Acquisition of Two WellNow Urgent Care Properties for $6.4 Million

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 two WellNow Urgent Care properties for $6.4 million from ComptonAddy. The properties are newly constructed and located in strong retail corridors in Ohio. They are corporate-operated under net leases with 10 years of term remaining. The transaction was priced at a 6.2% cap rate on rent as of the closing date, exclusive of transaction costs.

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.


The Four Corners Property Trust Stock currently trades with a raise of +0,04 % to 26,69USD on the NYSE stock exchange.



0 Kommentare
Nachrichtenquelle: Business Wire (engl.)
 |  104   |   |   

Schreibe Deinen Kommentar

Disclaimer

FCPT Announces Acquisition of Two WellNow Urgent Care Properties for $6.4 Million 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 …

Nachrichten des Autors

212 Leser
192 Leser
164 Leser
160 Leser
152 Leser
132 Leser
132 Leser
124 Leser
124 Leser
120 Leser
832 Leser
764 Leser
624 Leser
588 Leser
508 Leser
460 Leser
452 Leser
440 Leser
408 Leser
404 Leser
3236 Leser
2100 Leser
1776 Leser
1668 Leser
1604 Leser
1184 Leser
1028 Leser
884 Leser
852 Leser
844 Leser
7528 Leser
3236 Leser
3085 Leser
2934 Leser
2501 Leser
2464 Leser
2370 Leser
2169 Leser
2106 Leser
2100 Leser