FCPT Extends All 66 Olive Garden, LongHorn Leases Expiring in 2027 by About Five Years

Four Corners Property Trust extended all 66 Olive Garden and LongHorn leases expiring in October 2027 with Darden Restaurants. The renewals cover 100% of the two brands' leases with renewal notice dates in 2026. The agreement also extends six leases expiring in October 2028; all extensions run approximately five years. Rents will continue to increase 1.5% annually under the existing leases. The agreement includes no landlord rent concessions or capital contributions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT — Four Corners Property Trust Inc. published the original content used to generate this news brief via (Ref. ID: 202610141714BIZWIRE_USPR_____20261014_BW877285) on October 14, 2026, and is solely responsible for the information contained therein. (C)