Four Corners Property Trust Acquires Automotive Service Property
MILL VALLEY, Calif., October 09, 2026 – (BUSINESS WIRE) – Four Corners Property Trust (NYSE:FCPT), a leading real estate investment trust focused on high-quality net-leased restaurant and retail properties, has announced the successful acquisition of an automotive service property for $2.3 million through a sale-leaseback arrangement. This property, leased to a national operator, is strategically located in a busy corridor in Indiana and is managed under a long-term triple net lease. The transaction’s cap rate aligns with previous FCPT deals.
About FCPT
Headquartered in Mill Valley, CA, FCPT specializes in acquiring, owning, and leasing restaurant and retail properties on a net basis. The company aims to expand its portfolio by securing additional real estate in these industries. More information can be found at www.fcpt.com.
Category: Acquisition
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Contacts
Four Corners Property Trust:
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Bill Lenehan
CEO
415-965-8031 -
Patrick Wernig
CFO
415-965-8038
