Four Corners Boosts Portfolio With Acquisition of Multiple Properties

Four Corners Property Trust (FCPT) recently announced the buyout of a Raising Cane's property, a Dollar General property and a Jiffy Lube property for $6.6 million. The move aligns with FCPT’s portfolio expansion efforts.The sites are situated in strong retail corridors in Texas and Florida. The properties are secured under long-term, triple-net leases with a weighted average term of eight years remaining. The Raising Cane’s and Dollar General properties are operated by corporates, while Jiffy Lube is a fra ...