FCPT Announces Acquisition of a Gerber Collision Property for $3.5 Million
Four Corners Property Trust acquired a Gerber Collision property in North Carolina for $3.5 million. The asset is corporate-operated under a triple net lease with approximately eight years of term remaining.
Key figures
- Deal Value Usd
- 3500000
- Cap rate
- 7.5%
- Lease term remaining
- approximately eight years
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