FCPT Announces Sale Leaseback of Six Burger King Properties for $10.1 Million
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Four Corners Property Trust (FCPT) has acquired six Burger King properties in Texas for $10.1 million through a sale leaseback agreement. These properties are under long-term, triple net leases guaranteed by Burger King Corp.
March 19, 2025 | 12:15 am
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FCPT has acquired six Burger King properties in Texas for $10.1 million through a sale leaseback, enhancing its portfolio with long-term, triple net leases.
The acquisition of six Burger King properties for $10.1 million strengthens FCPT's portfolio with stable, long-term income from triple net leases. This move is likely to positively impact FCPT's stock price in the short term as it enhances revenue stability and asset base.
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