FCPT Announces Acquisition of a United Rentals and a Buffalo Wild Wings Property for $5.4 Million | FCPT Stock News
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Four Corners Property Trust (FCPT) has announced the acquisition of a United Rentals property and a Buffalo Wild Wings property for $5.4 million. The properties, located in Alabama and Kentucky, are under long-term net leases with an average of nine years remaining. The transaction was priced at a 6.9% cap rate on rent as of the closing date. FCPT focuses on acquiring high-quality, net-leased restaurant and retail properties.
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