Four Corners Property Trust (FCPT) Adds 105 Properties in Active Acquisition Year

4 days ago 5

Four Corners Property Trust, Inc. (NYSE:FCPT) is included among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks.

Four Corners Property Trust (FCPT) Adds 105 Properties successful  Active Acquisition Year

Four Corners Property Trust (FCPT) Adds 105 Properties successful Active Acquisition Year

On January 27, Four Corners Property Trust, Inc. (NYSE:FCPT) said it acquired a GreatWater 360 Auto Care determination for $2.3 cardinal done a sale-leaseback transaction. The spot sits on a high-traffic corridor successful Minnesota and is operated astatine the firm level nether a long-term, triple-net lease. Pricing for the woody fell successful enactment with headdress rates seen successful FCPT’s caller transactions.

A time earlier, connected January 26, the institution announced different $2.3 cardinal acquisition, this clip a recently built McAlister’s Deli property. The tract is located successful a beardown retail corridor successful Michigan and is operated by a franchisee nether a semipermanent nett lease. That transaction was besides completed astatine a headdress complaint accordant with FCPT’s anterior deals.

More broadly, 2025 was an progressive twelvemonth for Four Corners connected the acquisition front. The REIT added 105 properties to its portfolio for astir $318 million, excluding transaction costs, with astir of the maturation coming from single-tenant, net-leased assets. Individual purchases during the twelvemonth included a Sprouts Farmers Market spot successful Tennessee for $8.6 million, 4 Mission Pet Health facilities successful Illinois and Wisconsin for $9.3 million, a VCA Animal Hospital tract successful New York for $5.8 million, and a Heartland Dental determination successful Michigan for $3.3 million.

Momentum picked up successful the 3rd quarter, erstwhile the institution closed connected 28 properties for astir $82 million, securing charismatic archetypal currency yields and agelong lease terms. Overall, absorption consistently deployed superior into service-oriented and necessity-based existent estate, strengthening the portfolio’s stableness and semipermanent income profile.

Four Corners Property Trust, Inc. (NYSE:FCPT)is a existent property concern spot that owns, acquires, and leases properties chiefly utilized successful the edifice and retail industries. Its operations are organized crossed existent property and edifice segments.

While we admit the imaginable of FCPT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Unstoppable Dividend Stocks to Buy According to Analysts and 13 Best Long Term Low Risk Stocks to Buy Now

Disclosure: None.

Read Entire Article