Four Corners Property Trust Inc. (FCPT), a real estate investment trust, has announced the acquisition of four Burger King properties for $8.1 million through a sale-leaseback agreement with Ampler Restaurant Group. These properties are newly constructed and located in vibrant retail areas across Ohio, Kentucky, and Virginia. They are operated by franchisees under long-term, triple net leases, with an average of 19 years remaining. The transaction was completed at a 6.8% capitalization rate, not including transaction costs.
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 Business Wire (Ref. ID: 20250813982463) on August 13, 2025, and is solely responsible for the information contained therein.