FCPT Acquires A Dual-Tenant Aspen Dental And WellNow Urgent Care Property For $3.3M
Portfolio Pulse from Benzinga Newsdesk
Four Corners Property Trust (FCPT) has acquired a dual-tenant property housing Aspen Dental and WellNow Urgent Care for $3.3 million. The property is located in a strong retail corridor in New York and is corporately guaranteed by Aspen Dental Management and WellNow Urgent Care.
August 04, 2023 | 2:51 pm
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POSITIVE IMPACT
FCPT's acquisition of a dual-tenant property for $3.3M could potentially increase its asset base and generate additional rental income.
The acquisition of the dual-tenant property by FCPT could potentially increase its asset base and generate additional rental income. This could positively impact the company's financial performance and potentially its stock price in the short term.
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