Skip to main content

FCPT Announces Acquisition of a WellNow Urgent Care Property for $2.3 Million

Four Corners Property Trust (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a corporate WellNow Urgent Care property for $2.3 million. The property is located in a strong retail corridor in New York and is occupied under a long-term net lease. The transaction was priced at a capitalization rate consistent with previous FCPT transactions.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant 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.

Contacts

Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO

Gerry Morgan, 415-965-8032

CFO

Recent Quotes

View More
Symbol Price Change (%)
AMZN  204.76
-5.35 (-2.55%)
AAPL  266.95
+2.37 (0.90%)
AMD  196.95
-3.20 (-1.60%)
BAC  51.34
-1.72 (-3.23%)
GOOG  314.44
-0.46 (-0.15%)
META  646.31
-9.35 (-1.43%)
MSFT  388.72
-8.51 (-2.14%)
NVDA  191.12
+1.31 (0.69%)
ORCL  140.81
-7.27 (-4.91%)
TSLA  402.64
-9.18 (-2.23%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.