FCPT acquires auto service property in sale-leaseback deal
Four Corners Property Trust (FCPT) says it bought an automotive service property in Indiana for $2.3 million via sale-leaseback under a long-term triple-net lease to a national operator.
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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