FCPT Announces Acquisition of a Left Lane Auto Property for $3.1 Million
FCPT acquired a newly constructed Left Lane Auto property in South Carolina for $3.1 million. The asset is corporate-operated under a long-term triple net lease with approximately 15 years of term remaining and was purchased at a 6.9% cap rate.
Key figures
- Deal Value Usd
- $3.1 million
- Cap rate
- 6.9%
- Lease term years
- 15
AI analysis
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