FCPT Announces Acquisition of a Tires Plus Property for $1.7 Million
Four Corners Property Trust acquired a single Tires Plus retail property in Minnesota for $1.7 million. The asset is corporate-operated under a triple net lease with approximately five years of term remaining.
Key figures
- Deal Value Usd
- 1700000
- Cap rate
- 6.9%
- Lease term remaining
- approximately five years
AI analysis
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