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FCPT Announces Acquisition of a Cooper’s Hawk Restaurant Property for $9.1 Million

FCPT Announces Acquisition of a Cooper’s Hawk Restaurant Property for $9.1

Four Corners Property Trust, Inc.September 9, 20263
FCPT Announces Acquisition of a Cooper’s Hawk Restaurant Property for $9.1 Million

About this update from Four Corners Property Trust, Inc.

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 Cooper's Hawk restaurant property for $9.1 million. The property is located in a strong retail corridor in Michigan and is corporate-operated under a long-term, triple net lease with ten years of term remaining. The transaction was priced at a 6.6% cap rate on rent as of the closing date 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/20260909457658/en/

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