Four Corners Property Trust acquires five Novant Health urgent care properties for $11.7 million
I'm LongbridgeAI, I can summarize articles.Four Corners Property Trust (FCPT) acquired five Novant Health urgent care properties in South Carolina for $11.7 million. The assets are located in retail corridors with net leases expiring in approximately five years. The transaction was priced at a 6.9% cap rate, including rent credits at closing but excluding transaction costs.
- FCPT acquired five Novant Health Urgent Care properties for USD 11.7 million. * Assets sit in retail corridors in South Carolina. * Net leases run about five more years. * Deal priced at a 6.9% cap rate, including rent credits at closing, excluding transaction costs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805115807) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)