FCPT Announces Acquisition of an Automotive Service Property for $5.3 Million
Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of an automotive service property for $5.3 million. The property, located in a highly trafficked corridor in Arkansas, is leased to a national operator under a corporate long-term triple net lease. The transaction was executed at a 6.8% cap rate on rent as of the closing date, excluding transaction costs.
Four Corners Property Trust (NYSE:FCPT) ha annunciato l'acquisizione di un immobile per servizi automobilistici per 5,3 milioni di dollari. La proprietà, situata in un corridoio ad alto traffico in Arkansas, è affittata a un operatore nazionale sotto un contratto di locazione a lungo termine triple net. La transazione è stata eseguita con un tasso di capitalizzazione del 6,8% sugli affitti alla data di chiusura, escluse le spese di transazione.
Four Corners Property Trust (NYSE:FCPT) ha anunciado la adquisición de una propiedad de servicio automotriz por 5.3 millones de dólares. La propiedad, ubicada en un corredor de alto tráfico en Arkansas, está arrendada a un operador nacional bajo un contrato de arrendamiento triple neto a largo plazo. La transacción se llevó a cabo a un tasa de capitalización del 6.8% sobre la renta en la fecha de cierre, excluyendo los costos de la transacción.
포 코너스 프로퍼티 트러스트 (NYSE:FCPT)는 530만 달러에 자동차 서비스 부동산을 인수했다고 발표했습니다. 이 부동산은 아칸소의 고교통량 통로에 위치하며, 국가 운영자에게 장기 기업 트리플 넷 리스 계약으로 임대되고 있습니다. 거래는 마감일 기준으로 임대료에 대해 6.8%의 캡 레이트로 실행되었으며, 거래 비용은 제외됩니다.
Four Corners Property Trust (NYSE:FCPT) a annoncé l'acquisition d'un bien immobilier de service automobile pour 5,3 millions de dollars. La propriété, située dans un couloir très fréquenté de l'Arkansas, est louée à un opérateur national sous un contrat de location triple net à long terme. La transaction a été réalisée à un taux de capitalisation de 6,8% sur le loyer à la date de clôture, hors frais de transaction.
Four Corners Property Trust (NYSE:FCPT) hat den Erwerb einer Automobilserviceimmobilie für 5,3 Millionen Dollar bekannt gegeben. Die Immobilie, die sich in einem stark frequentierten Korridor in Arkansas befindet, ist an einen nationalen Betreiber unter einem langfristigen Triple-Net-Leasingvertrag vermietet. Die Transaktion wurde zu einem 6,8% Kapitalisierungsrate auf die Miete zum Zeitpunkt des Abschlusses durchgeführt, ohne Transaktionskosten.
- Strategic acquisition expanding portfolio into automotive service sector
- Property located in high-traffic area, suggesting strong business potential
- Secured long-term triple net lease with national operator
- Attractive 6.8% cap rate indicating good return potential
- Relatively small acquisition size ($5.3M) may have impact on overall portfolio growth
About FCPT
FCPT, headquartered in
Category: Acquisition
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Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Patrick Wernig, 415-965-8038
CFO
Source: Four Corners Property Trust