Four Corners Property announces the acquisition of a Patient First Urgent Care property for $6.6 million. The property is located in a strong retail corridor in Pennsylvania and is corporate-operated under a long-term triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
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Read More on FCPT:
- Four Corners Property Trust price target lowered to $29 from $30 at Barclays
- Four Corners Property Trust price target raised to $31 from $30 at UBS
- Four Corners Property Trust announces $8.1M sale-leaseback
- Four Corners Property Trust acquires Mavis Tire Property for $2.6M
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