FCPT Announces Acquisition of a Carrabba’s Italian Grill Property for $2.2 million
Four Corners Property Trust, Inc. (FCPT)
Last four corners property trust, inc. earnings: 2/12 04:05 pm
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US:NYSE Investor Relations:
fourcornerspropertytrust.com/aboutus.html
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Source: Business Wire
MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Carrabba’s Italian Grill property for $2.2 million. The property is located in Florida and is leased to the corporate operator under a triple-net lease with approximately 3.5 years of term remaining. Carrabba’s has 226 domestic locations (as of March 31, 2019), and is a subsidiary of Bloomin’ Brands (NASDAQ: BLMN), which is also the owner of the Outback Steakhouse, Bonefish Grill and Fleming’s Steakhouse brands. The transaction was priced at a 7.3% going-in cash cap rate, exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restau
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FCPT
Earnings
- 2/14/24 - Beat
FCPT
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- FCPT's page on the SEC website