MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Taco Bell property for $2.2 million. The property is located in a strong retail corridor in Oklahoma and is franchisee-operated under a triple net lease to K-MAC Enterprises, LLC with approximately five years of term remaining. The transaction was priced at a 7.3% cap rate on rent as of the closing date and exclusive of transaction costs.
About FCPT
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.
Contacts
Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Gerry Morgan, 415-965-8032
CFO
Year-long program convenes 25 thought leaders to develop content that amplifies youthmental health research, supports…
LAS VEGAS, APRIL 14, 2026 — Wisycom, a global leader in advanced wireless RF solutions,…
The Company Quietly Assembling a League of Industry Creators Continues to Defy ExpectationsDALLAS--(BUSINESS WIRE)--#collectibles--In what…
Multi-shot sequencing and multi-turn editing expand professional filmmaking capabilities with updated PAI available April 15MOUNTAIN…
Powerful software-based live audio mixer with support for SMPTE-2110 broadcast and immersive workflows, full redundancy,…
Major update adds new Photo page bringing Hollywood’s most advanced color tools to still photos,…