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FCPT Acquires 2 Wells Fargo Bank Branches For $5.1M

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Wells Fargo bank branches for $5.1 million. The properties are located in highly trafficked corridors in Alabama and Tennessee and are occupied under triple net leases to the corporate entity. The transaction was priced at a cap rate in range with previous FCPT transactions.

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