FCPT Acquires Olive Garden Property in North Carolina for $4.1 Million in Latest Real Estate Transaction

Reuters
06-18
FCPT Acquires Olive Garden Property in North Carolina for $4.1 Million in Latest Real Estate Transaction

Four Corners Property Trust Inc. $(FCPT)$, a leading real estate investment trust, has announced the acquisition of an Olive Garden property for $4.1 million. This latest addition to FCPT's portfolio is situated in a thriving retail area in North Carolina. The property is under a long-term triple net lease, ensuring stable income for the trust. The acquisition aligns with FCPT's strategy of investing in high-quality, net-leased restaurant and retail properties and was completed at a cap rate consistent with their previous transactions.

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: 20250617248246) on June 17, 2025, and is solely responsible for the information contained therein.

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