FCPT Announces Acquisition of Two Arby's Properties for $3.4 Million
Four Corners Property Trust acquired two Arby's restaurant properties for $3.4 million. The assets are located in Indiana and Kentucky and are leased under long-term, triple net leases with approximately seven years remaining.
Key figures
- Deal Value Usd
- 3400000
- Cap rate
- 6.8%
- Lease term remaining
- approximately seven years
AI analysis
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