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Four Corners Property Trust acquires two Caribou Coffee properties for $2.8M

Four Corners Property acquired two Caribou Coffee properties for $2.8M. The properties are located in highly trafficked corridors in Wisconsin and are corporate-operated under long term, triple net leases with approximately seven years of term remaining. The transaction was priced at a 7.3% cap rate on rent as of the closing date and exclusive of transaction costs.

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