{"id":926019,"date":"2026-01-09T18:53:24","date_gmt":"2026-01-09T23:53:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-via-sale-leaseback-of-a-greatwater-360-auto-care-property-for-1-2-million\/"},"modified":"2026-01-09T18:53:24","modified_gmt":"2026-01-09T23:53:24","slug":"fcpt-announces-acquisition-via-sale-leaseback-of-a-greatwater-360-auto-care-property-for-1-2-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-via-sale-leaseback-of-a-greatwater-360-auto-care-property-for-1-2-million\/","title":{"rendered":"FCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 Million"},"content":{"rendered":"

<\/p>\n

FCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 Million<\/b><\/p>\n

MILL VALLEY, Calif.–(BUSINESS WIRE<\/a>)–
\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 GreatWater 360 Auto Care property for $1.2 million via sale-leaseback. GreatWater is a Michigan-based operator of approximately 150 full-service automotive centers in the Midwest and Texas. The property is located in a highly trafficked corridor in Indiana and is corporate-operated under a long term, triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.<\/p>\n

About FCPT<\/b><\/p>\n

\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 www.fcpt.com<\/a>.<\/p>\n

Category: Acquisition<\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260109285860\/en\/<\/a><\/span><\/p>\n

\nFour Corners Property Trust:
\n
Bill Lenehan, 415-965-8031
\n
CEO<\/p>\n

Patrick Wernig, 415-965-8038
\n
CFO<\/p>\n

KEYWORDS:<\/b> Indiana California Michigan United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> REIT Other Retail Retail Commercial Building & Real Estate Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

FCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 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 GreatWater 360 Auto Care property for $1.2 million via sale-leaseback. GreatWater is a Michigan-based operator of approximately 150 full-service automotive centers in the Midwest and Texas. The property is located in a highly trafficked corridor in Indiana and is corporate-operated under a long term, triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered … <\/p>\n

Continue reading “FCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 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-926019","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 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-via-sale-leaseback-of-a-greatwater-360-auto-care-property-for-1-2-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 via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Acquisition via Sale-Leaseback of a GreatWater 360 Auto Care Property for $1.2 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 GreatWater 360 Auto Care property for $1.2 million via sale-leaseback. GreatWater is a Michigan-based operator of approximately 150 full-service automotive centers in the Midwest and Texas. The property is located in a highly trafficked corridor in Indiana and is corporate-operated under a long term, triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions. 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