Skip to main content

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

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

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

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  260.76
+0.55 (0.21%)
AAPL  343.26
-0.91 (-0.26%)
AMD  435.74
+31.34 (7.75%)
BAC  49.91
+0.16 (0.31%)
GOOG  284.19
+2.45 (0.87%)
META  615.63
+10.55 (1.74%)
MSFT  532.52
-3.40 (-0.64%)
NVDA  185.70
+4.10 (2.26%)
ORCL  109.73
-5.43 (-4.72%)
TSLA  357.56
+13.87 (4.03%)
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.