FCPT Acquires Three Missouri Automotive Service Properties for $5.9 Million
Four Corners Property Trust (FCPT) acquired three automotive service properties in Missouri for $5.9 million through a sale leaseback transaction. The properties are subject to triple net leases with 15 years remaining, acquired at a 7.5% cap rate. This acquisition highlights FCPT's focus on net-leased restaurant and retail properties.
Four Corners Property Trust (FCPT), a real estate investment trust focused on net-leased restaurant and retail properties, has acquired three automotive service properties in Missouri through a sale leaseback transaction for $5.9 million. The properties, located in strong retail corridors, are corporate-operated and subject to triple net leases with 15 years remaining. The acquisition was completed at a 7.5% cap rate based on current rent, 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: 20251117310781) on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
