{"id":827305,"date":"2025-03-18T19:52:07","date_gmt":"2025-03-18T23:52:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\/"},"modified":"2025-03-18T19:52:07","modified_gmt":"2025-03-18T23:52:07","slug":"fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\/","title":{"rendered":"FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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 Sale Leaseback of Six Burger King Properties for $10.1 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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corporate. 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=54225834&amp;newsitemid=20250318653560&amp;lan=en-US&amp;anchor=www.fcpt.com&amp;index=1&amp;md5=aa3fb8c1776f2e6095db8b0ce48901e4\">www.fcpt.com<\/a>.\n<\/p>\n<p><b>Category: Acquisition<\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250318653560r1&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\/20250318653560\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250318653560\/en\/<\/a><\/span><\/p>\n<p>\nFour Corners Property Trust:<br \/>\n<br \/>Bill Lenehan, 415-965-8031<br \/>\n<br \/>CEO\n<\/p>\n<p>\nPatrick Wernig, 415-965-8038<br \/>\n<br \/>CFO\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> REIT Restaurant\/Bar Retail Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corporate. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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-827305","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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-six-burger-king-properties-for-10-1-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 Six Burger King Properties for $10.1 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corporate. 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 &hellip; Continue reading &quot;FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-18T23:52:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250318653560r1&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-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 Million\",\"datePublished\":\"2025-03-18T23:52:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/\"},\"wordCount\":226,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250318653560r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-sale-leaseback-of-six-burger-king-properties-for-10-1-million\\\/\",\"name\":\"FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 Million - 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