{"id":971229,"date":"2026-06-05T16:56:01","date_gmt":"2026-06-05T20:56:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million\/"},"modified":"2026-06-05T16:56:01","modified_gmt":"2026-06-05T20:56:01","slug":"fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million\/","title":{"rendered":"FCPT Announces Acquisition of 14 Sun Auto Tire &amp; Service Properties for $26.0 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 14 Sun Auto Tire &amp; Service Properties for $26.0 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 14 Sun Auto Tire &amp; Service properties for $26.0 million. The properties are located in strong retail corridors in Missouri (8), Arkansas (4), and Illinois (2) and are corporate operated under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions.<\/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=54547969&amp;newsitemid=20260604214077&amp;lan=en-US&amp;anchor=www.fcpt.com&amp;index=1&amp;md5=198b5abc8c66f43eea9551a45706e3d6\">www.fcpt.com<\/a>.<\/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=20260604214077r1&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\/20260604214077\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260604214077\/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<\/p>\n<p><b>KEYWORDS:<\/b> Illinois California Missouri Arkansas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Automotive General Automotive Commercial Building &amp; Real Estate Specialty 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 14 Sun Auto Tire &amp; Service Properties for $26.0 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 14 Sun Auto Tire &amp; Service properties for $26.0 million. The properties are located in strong retail corridors in Missouri (8), Arkansas (4), and Illinois (2) and are corporate operated under long-term, triple net leases. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FCPT Announces Acquisition of 14 Sun Auto Tire &amp; Service Properties for $26.0 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-971229","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FCPT Announces Acquisition of 14 Sun Auto Tire &amp; Service Properties for $26.0 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-14-sun-auto-tire-service-properties-for-26-0-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 14 Sun Auto Tire &amp; Service Properties for $26.0 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Acquisition of 14 Sun Auto Tire &amp; Service Properties for $26.0 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 14 Sun Auto Tire &amp; Service properties for $26.0 million. The properties are located in strong retail corridors in Missouri (8), Arkansas (4), and Illinois (2) and are corporate operated under long-term, triple net leases. 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 &hellip; Continue reading &quot;FCPT Announces Acquisition of 14 Sun Auto Tire &amp; Service Properties for $26.0 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-05T20:56:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260604214077r1&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-14-sun-auto-tire-service-properties-for-26-0-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-acquisition-of-14-sun-auto-tire-service-properties-for-26-0-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FCPT Announces Acquisition of 14 Sun Auto Tire &amp; 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