1. FCPT acquires Sprouts Farmers Market property for $8.6 million. 2. The property is under a long-term net lease. 3. FCPT acquired 105 properties totaling $318 million in 2025.
FAQ
Why Bullish?
This acquisition adds stable income potential, reflecting strong operational fundamentals. Past acquisitions have positively influenced FCPT's valuation.
How important is it?
The acquisition aligns with FCPT's growth strategy, potentially increasing investor confidence and share value.
Why Long Term?
Long-term leases generate predictable revenue streams, enhancing FCPT's financial stability over time.
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