FCPT Announces Acquisition of a Springfield Clinic Property for $3.5 Million
FCPT acquired a Springfield Clinic property in Illinois for $3.5 million, secured by a triple net lease with approximately 15 years remaining. The transaction was priced at a 6.7% cap rate and fits the company's strategy of acquiring high-quality net-leased properties.
Key figures
- Deal Value Usd
- 3500000
- Cap rate
- 6.7%
- Lease term years
- 15
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.