{"id":914133,"date":"2025-11-26T16:08:33","date_gmt":"2025-11-26T21:08:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-two-hawaiian-bros-properties-from-stine-enterprises-for-5-9-million\/"},"modified":"2025-11-26T16:08:33","modified_gmt":"2025-11-26T21:08:33","slug":"fcpt-announces-sale-leaseback-of-two-hawaiian-bros-properties-from-stine-enterprises-for-5-9-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-two-hawaiian-bros-properties-from-stine-enterprises-for-5-9-million\/","title":{"rendered":"FCPT Announces Sale-Leaseback of Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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 Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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 two Hawaiian Bros properties for $5.9 million from Stine Enterprises via sale-leaseback. Hawaiian Bros is a fast-casual restaurant concept specializing in fresh-food plate lunches with more than 60 locations nationwide, mostly in Kansas City, Dallas, and Phoenix. The properties are newly constructed and located in strong retail corridors in Arizona and Texas and are franchisee-operated under long term, triple net leases. 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=54364196&amp;newsitemid=20251126167101&amp;lan=en-US&amp;anchor=www.fcpt.com&amp;index=1&amp;md5=f399545abe2cd352917a815a64bb7bcb\">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=20251126167101r1&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\/20251126167101\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251126167101\/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>Patrick Wernig, 415-965-8038<br \/>\n<br \/>CFO\n<\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/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 Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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 two Hawaiian Bros properties for $5.9 million from Stine Enterprises via sale-leaseback. Hawaiian Bros is a fast-casual restaurant concept specializing in fresh-food plate lunches with more than 60 locations nationwide, mostly in Kansas City, Dallas, and Phoenix. The properties are newly constructed and located in strong retail corridors in Arizona and Texas and are franchisee-operated under long term, triple net leases. The transaction was priced at a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-sale-leaseback-of-two-hawaiian-bros-properties-from-stine-enterprises-for-5-9-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FCPT Announces Sale-Leaseback of Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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-914133","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 Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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-two-hawaiian-bros-properties-from-stine-enterprises-for-5-9-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 Two Hawaiian Bros Properties from Stine Enterprises for $5.9 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Sale-Leaseback of Two Hawaiian Bros Properties from Stine Enterprises for $5.9 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 two Hawaiian Bros properties for $5.9 million from Stine Enterprises via sale-leaseback. Hawaiian Bros is a fast-casual restaurant concept specializing in fresh-food plate lunches with more than 60 locations nationwide, mostly in Kansas City, Dallas, and Phoenix. The properties are newly constructed and located in strong retail corridors in Arizona and Texas and are franchisee-operated under long term, triple net leases. 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