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FCPT
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FCPT Announces Acquisition of Two Caribou Coffee Properties for $2.8 Million

1. FCPT acquires two Caribou Coffee properties for $2.8 million. The properties feature long-term, triple net leases.

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FAQ

Why Bullish?

This acquisition demonstrates FCPT's strategic growth through valuable assets, likely enhancing revenue stability. Historically, similar acquisitions have positively influenced stock price.

How important is it?

The acquisition reflects FCPT's ongoing investment strategy, which is critical for future growth and profitability. Given the strategic location, this can yield favorable returns.

Why Long Term?

The long-term leases ensure steady cash flow, which supports sustainable growth over time. Past acquisitions have shown benefits extending over several quarters.

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WELLDLRLNT
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 two Caribou Coffee properties for $2.8 million. The properties are located in highly trafficked corridors in Wisconsin and are corporate-operated under long term, triple net leases with approximately seven ye.

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