FCPT announces acquisition via sale-leaseback of four properties for $16.9M
From Yahoo Finance: 2025-05-27 08:25:00
Four Corners Property Trust (FCPT) acquires four Christian Brothers Automotive properties for $16.9M in sale-leaseback deal. Locations in Ohio, Florida, and Nebraska. Properties in strong retail areas with high traffic and good demographics. Long-term leases guaranteed by corporate entity. Transaction priced at cap rate in line with previous FCPT deals.
Source: TheFly, the ultimate real-time financial news platform.
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