FCPT Announces Acquisition of an Applebee's Property for $4.3 Million
Four ners Property TrustFour ners Property Trust(US:FCPT) Businesswire·2025-12-23 00:23

MILL VALLEY, Calif.--(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 an Applebee's property for $4.3 million. The property is located in a strong retail corridor in California and franchisee-operated by Flynn Group under a triple net lease with approximately seven years of ter. ...