FCPT acquires Kentucky automotive service property in USD 3.5 million sale — leaseback deal
FCPT bought an automotive service property for USD 3.5 million via a sale-leaseback with a national operator. Site sits in a high-traffic corridor in Kentucky. * Lease structure: long-term triple-net; corporate-operated. * Pricing implied a cap rate in line with prior FCPT deals. Disclaimer: This news brief was created