{"id":744444,"date":"2023-03-31T18:21:08","date_gmt":"2023-03-31T22:21:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\/"},"modified":"2023-03-31T18:21:08","modified_gmt":"2023-03-31T22:21:08","slug":"fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\/","title":{"rendered":"FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million<\/b><\/p>\n<p>MILL VALLEY, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFour 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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a WellNow Urgent Care property for $2.5 million. The property is newly constructed and located in a strong retail corridor in Indiana and is corporate-operated under a long-term, net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.\n<\/p>\n<p><b>About FCPT<\/b><\/p>\n<p>\nFCPT, 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.fcpt.com&amp;esheet=53372103&amp;newsitemid=20230331005394&amp;lan=en-US&amp;anchor=www.fcpt.com&amp;index=1&amp;md5=1b218dd215688d20d32874bdbbbeb3d1\">www.fcpt.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230331005394r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230331005394\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230331005394\/en\/<\/a><\/span><\/p>\n<p>\nFour Corners Property Trust:<br \/>\n<br \/>Bill Lenehan, 415-965-8031<br \/>\n<br \/>CEO<\/p>\n<p>Gerry Morgan, 415-965-8032<br \/>\n<br \/>CFO\n<\/p>\n<p><b>KEYWORDS:<\/b> California Indiana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Health Restaurant\/Bar Hospitals Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million MILL VALLEY, Calif.&#8211;(BUSINESS WIRE)&#8211; 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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a WellNow Urgent Care property for $2.5 million. The property is newly constructed and located in a strong retail corridor in Indiana and is corporate-operated 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-744444","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million MILL VALLEY, Calif.&#8211;(BUSINESS WIRE)&#8211; 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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a WellNow Urgent Care property for $2.5 million. The property is newly constructed and located in a strong retail corridor in Indiana and is corporate-operated 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 &hellip; Continue reading &quot;FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-31T22:21:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230331005394r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million\",\"datePublished\":\"2023-03-31T22:21:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/\"},\"wordCount\":226,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230331005394r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-a-wellnow-urgent-care-property-for-2-5-million\\\/\",\"name\":\"FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.5 million - 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