FCPT Announces Acquisition of a LongHorn Steakhouse Property for $2.4 Million
Four Corners Property Trust acquired a LongHorn Steakhouse property in Ohio for $2.4 million. The property is corporate-operated under a triple net lease in a highly trafficked corridor, and was priced at a cap rate consistent with previous FCPT transactions.
Key figures
- Deal Value Usd
- 2400000
- Cap rate
- in range with previous FCPT transactions
AI analysis
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