MILL VALLEY, Calif.–(BUSINESS WIRE)–4 Corners Property Belief (NYSE: FCPT), an actual property funding belief primarily engaged within the possession and acquisition of high-end restaurant and retail properties high quality internet leased properties (FCPT or the Firm), is happy to announce the acquisition of 9 American Household Care properties for $21.2 million. American Household Care is an pressing care, household care and first care operator with 384 clinics in 33 states, recognized for its patient-centered method to offering high-quality healthcare companies. The properties are situated in sturdy industrial corridors in Alabama (7) and Tennessee (2) and are operated by the corporate underneath long-term triple internet leases with roughly 14 years remaining. The transaction value was set at a cap charge akin to earlier FCPT transactions.
Concerning the FCPT
FCPT, headquartered in Mill Valley, California, is an actual property funding belief primarily engaged within the possession, acquisition and leasing of restaurant and retail properties. The Firm seeks to develop its portfolio by buying extra actual property for lease, on a internet foundation, for the restaurant and retail sectors. Further details about FCPT is on the market on the web site at www.fcpt.com.
Class: Acquisition
View supply model on businesswire.com: https://www.businesswire.com/information/house/20241220668450/en/
4 Corners Property (NYSE:) Belief:
Invoice Lenehan, 415-965-8031
CEO
Patrick Wernig, 415-965-8038
Monetary Director
Supply: 4 Corners Actual Property Belief
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