Four Corners Expands Portfolio With Multiple Property Acquisitions
Four ners Property TrustFour ners Property Trust(US:FCPT) ZACKS·2025-12-17 23:35

Key Takeaways FCPT acquired five properties for 11.6M,includingaTiresPlussiteandfourpethealthlocations.TheMissionPetHealthassetswerepricedata6.911.6M, including a Tires Plus site and four pet health locations.The Mission Pet Health assets were priced at a 6.9% cap rate with about 11 years of lease term remaining.FCPT continues diversifying its portfolio, though a 1.21B debt load may keep borrowing costs elevated.Four Corners Property Trust (FCPT) recently announced multiple acquisitions aggregating $11.6 million. The move underscores the company’s efforts to expand and diversify its portfolio.The co ...