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FCPTBullishM&Anews
High materiality7/10

FCPT expands net-lease portfolio with $1.5M 7-Eleven acquisition in Pennsylvania

Aug 27, 2026, 7:39 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The acquisition adds an income-generating asset under a long-term NET lease with a measurable cap rate, offering potential near-term cash-flow uplift; however, the deal size is small relative to FCPT’s portfolio, likely limiting meaningful earnings swings absent further acquisitions.

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Four Corners Property Trust announced the acquisition of a Pennsylvania 7-Eleven store for $1.5 million, under a long-term triple-net lease with roughly ten years left and a 6.9% cap rate at closing. The deal adds a high-visibility convenience asset to FCPT’s net-lease portfolio, signaling continued expansion into stable, tenant-driven properties and potential near-term cash-flow growth as rent contributions begin.

  • FCPT buys a Pennsylvania 7-Eleven for $1.5M; 10-year triple-net lease.
  • Cap rate on rent at closing is 6.9%; transaction costs excluded.
  • Location in strong PA retail corridor; corporate-operated under long-term lease.
  • FCPT intends to grow its net-lease restaurant/retail portfolio with this acquisition.

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