FCPT Announces Acquisition of an Oak Street Health Property for $2.4 Million
12 Ottobre 2023 - 11:57PM
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
(“FCPT” or the “Company”), is pleased to announce the acquisition
of an Oak Street Health property for $2.4 million. The property is
located in a highly trafficked corridor in Arkansas and is
corporate-operated under a long-term, net lease. 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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231012019175/en/
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