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FCPT
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FCPT Announces Acquisition of Three Express Oil Change & Tire Engineers Properties for $9.5 Million

1. FCPT acquires three properties for $9.5 million in Georgia. 2. Acquisition strengthens FCPT's net-leased property portfolio.

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FAQ

Why Bullish?

The acquisition aligns with FCPT's growth strategy and enhances asset quality, similar to past deals that positively affected stock prices.

How important is it?

This acquisition may result in stable rental income growth and increased portfolio value, enhancing investor confidence.

Why Long Term?

Investments in properties under long-term leases tend to stabilize income, providing ongoing cash flow over years.

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OSRCEPR
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 three Express Oil Change & Tire Engineers properties for $9.5 million. The properties are located in highly trafficked corridors in Georgia and are corporate-operated under long term, triple net leases wi.

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