https:\/\/www.businesswire.com\/news\/home\/20241224243913\/en\/<\/a><\/span><\/p>\n\nFour Corners Property Trust:
\n
Bill Lenehan, 415-965-8031
\n
CEO<\/p>\n
\nPatrick Wernig, 415-965-8038
\n
CFO<\/p>\n
KEYWORDS:<\/b> California United States North America<\/p>\n
INDUSTRY KEYWORDS:<\/b> Retail Automotive General Automotive Commercial Building & Real Estate Specialty Construction & Property REIT<\/p>\n
MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"
FCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 Million MILL VALLEY, Calif.–(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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Our tenant has requested confidentiality around disclosure of the brand name. About FCPT FCPT, headquartered … <\/p>\n
Continue reading “FCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 Million”<\/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-796932","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 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-sale-leaseback-of-a-portfolio-of-automotive-service-properties-from-a-national-operator-for-12-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 Million MILL VALLEY, Calif.–(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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Our tenant has requested confidentiality around disclosure of the brand name. 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