Four Corners Property Trust acquires properties to expand portfolio, aiding future revenue growth

From Zacks Investment Research: 2025-06-25 13:16:00

Four Corners Property Trust (FCPT) acquired four Cheddar’s Scratch Kitchen properties for $14.7 million in Kentucky, Indiana, and Virginia retail corridors. The properties are corporate-operated under long-term, triple net leases, highlighting the company’s expansion efforts. This acquisition will aid future revenue growth. FCPT also recently acquired automotive service and Olive Garden properties as part of its strategy to withstand varied economic cycles. In the past six months, FCPT’s stock has gained 1%, compared to the industry’s growth of 6.2%. Some better-ranked stocks in the REIT sector are Uniti Group (UNIT) and CareTrust REIT (CTRE), each with a Zacks Rank #2 (Buy).



Read more at Zacks Investment Research: Four Corners Continues its Acquisition Spree to Boost Portfolio – June 25, 2025