Four Corners Property Trust (FCPT) is pleased to announce the acquisition of six Novant Health Urgent Care properties for $12M. The properties are located in highly trafficked corridors in South Carolina and are corporate operated under long-term, triple net leases. The transaction was priced at a cap rate in range with previous FCPT transactions.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCPT:
- Four Corners Property Trust acquires LongHorn Steakhouse property for $2.5M
- FCPT acquires portfolio of automotive service properties for $4.7M
- Four Corners Property Trust acquires Olive Garden property for $4.1M
- Four Corners Property Trust acquires Tires Plus property for $1.7M
- Four Corners Property Trust acquires auto service property for $5.8M
