Business
FCPT Announces Acquisition of a Chili's Property for $2.3 Million
MILL VALLEY, Calif., April 01, 2026--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Chili's property for $2.3 million. The property is located in a strong, highly trafficked retail corridor in Illinois and corporate-operated under a triple net lease with approximately six years of term remai
About this update from Four Corners Property Trust, Inc.
MILL VALLEY, Calif., April 01, 2026 --( BUSINESS WIRE )--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Chili's property for $2.3 million. The property is located in a strong, highly trafficked retail corridor in Illinois and corporate-operated under a triple net lease with approximately six years of term remaining. The transaction was priced at a 6.8% cap rate including rent credits received at closing and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail 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 . Category: Acquisition View source version on businesswire.com: https://www.businesswire.com/news/home/20260401023363/en/ Contacts Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO Patrick Wernig, 415-965-8038 CFO
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