1. FCPT acquires a Sprouts Farmers Market property for $8.6 million. 2. The property is in a strong retail corridor in Tennessee. 3. FCPT has acquired 105 properties totaling $318 million in 2025. 4. Acquisition priced at a cap rate consistent with FCPT's previous transactions.
The acquisition demonstrates strategic growth and stability in cash flows, similar to past positive acquisitions, indicating investor confidence.
Acquisitions strengthen FCPT's portfolio and are key drivers for REIT performance, making this news highly relevant.
This acquisition contributes to long-term portfolio diversification and revenue stability, leading to future growth potential.
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 Sprouts Farmers Market property for $8.6 million. The property is located in a strong retail corridor in Tennessee and is corporate-operated under a long-term net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
Including today's acquisition, FCPT completed real estate acquisitions of 105 properties in 2025 for a total investment of approximately $318 million, 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.
Category: Acquisition
View source version on businesswire.com: https://www.businesswire.com/news/home/20251230562459/en/
Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Patrick Wernig, 415-965-8038
CFO