4 Corners Property Belief, Inc. (NYSE:FCPT) is included among the many Dividend Champions, Contenders, and Challengers Checklist: 15 Highest Yielding Shares.
On January 27, 4 Corners Property Belief, Inc. (NYSE:FCPT) stated it acquired a GreatWater 360 Auto Care location for $2.3 million by a sale-leaseback transaction. The property sits alongside a heavy-traffic hall in Minnesota and is operated on the company stage underneath a long-term, triple-net lease. Pricing for the deal fell consistent with cap charges seen in FCPT’s current transactions.
A day earlier, on January 26, the corporate introduced one other $2.3 million acquisition, this time a newly constructed McAlister’s Deli property. The positioning is situated in a robust retail hall in Michigan and is operated by a franchisee underneath a long-term web lease. That transaction was additionally accomplished at a cap price according to FCPT’s prior offers.
Extra broadly, 2025 was an lively yr for 4 Corners on the acquisition entrance. The REIT added 105 properties to its portfolio for about $318 million, excluding transaction prices, with a lot of the development coming from single-tenant, net-leased belongings. Particular person purchases through the yr included a Sprouts Farmers Market property in Tennessee for $8.6 million, 4 Mission Pet Well being services in Illinois and Wisconsin for $9.3 million, a VCA Animal Hospital website in New York for $5.8 million, and a Heartland Dental location in Michigan for $3.3 million.
Momentum picked up within the third quarter, when the corporate closed on 28 properties for roughly $82 million, securing enticing preliminary money yields and lengthy lease phrases. Total, administration constantly deployed capital into service-oriented and necessity-based actual property, strengthening the portfolio’s stability and long-term revenue profile.
4 Corners Property Belief, Inc. (NYSE:FCPT)is an actual property funding belief that owns, acquires, and leases properties primarily used within the restaurant and retail industries. Its operations are organized throughout actual property and restaurant segments.
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