{"id":60525,"date":"2024-12-20T01:02:36","date_gmt":"2024-12-20T00:02:36","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/fcpt-announces-acquisition-of-a-mercyone-outpatient-clinic-property-for-2-8-million\/"},"modified":"2024-12-20T01:02:36","modified_gmt":"2024-12-20T00:02:36","slug":"fcpt-announces-acquisition-of-a-mercyone-outpatient-clinic-property-for-2-8-million","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/fcpt-announces-acquisition-of-a-mercyone-outpatient-clinic-property-for-2-8-million\/","title":{"rendered":"FCPT Announces Acquisition of a MercyOne Outpatient Clinic Property for $2.8 Million"},"content":{"rendered":"
\n

MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a MercyOne outpatient clinic property for $2.8 million. The property is located in a strong retail corridor in Iowa and is under a triple net lease with approximately five years of term remaining. The transaction was priced at a 7.8% cap rate on rent as of the closing date and exclusive of transaction costs.<\/p>\n

\nAbout FCPT<\/b><\/p>\n

\nFCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com<\/a>.<\/p>\n

\nCategory: Acquisition<\/b><\/p>\n

Contacts<\/b> <\/p>\n

\nFour Corners Property Trust:
\n
Bill Lenehan, 415-965-8031
\n
CEO<\/p>\n

\nPatrick Wernig, 415-965-8038
\n
CFO<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a MercyOne outpatient clinic property for $2.8 million. The property is located in a strong retail corridor … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-60525","6":"format-standard","7":"category-industry"},"yoast_head":"\nFCPT Announces Acquisition of a MercyOne Outpatient Clinic Property for $2.8 Million - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/fcpt-announces-acquisition-of-a-mercyone-outpatient-clinic-property-for-2-8-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Acquisition of a MercyOne Outpatient Clinic Property for $2.8 Million - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the acquisition of a MercyOne outpatient clinic property for $2.8 million. 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