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 nine American Family Care properties for $21.2 million. American Family Care is an urgent care, family care, and primary care operator with 384 clinics across 33 states, known for its patient-first approach to providing high-quality healthcare services. The properties are located in strong retail corridors in Alabama (7) and Tennessee (2) and are corporate-operated under long term, triple net leases with approximately 14 years of term remaining.
Read the full article: FCPT Announces Acquisition of Nine American Family Care Properties for $21.2M //
Source: https://investors.fcpt.com/news/news-details/2024/FCPT-Announces-Acquisition-of-Nine-American-Family-Care-Properties-for-21.2-Million/default.aspx