{"id":785186,"date":"2022-05-10T08:01:00","date_gmt":"2022-05-10T06:01:00","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/fcpt-announces-disposition-of-an-outback-steakhouse-restaurant-property-for-5-1-million\/"},"modified":"2023-07-10T20:03:16","modified_gmt":"2023-07-10T18:03:16","slug":"fcpt-announces-disposition-of-an-outback-steakhouse-restaurant-property-for-5-1-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-an-outback-steakhouse-restaurant-property-for-5-1-million\/","title":{"rendered":"FCPT Announces Disposition of an Outback Steakhouse Restaurant Property for $5.1 million"},"content":{"rendered":"MILL VALLEY, Calif.--(BUSINESS WIRE)--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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of an Outback Steakhouse restaurant property for $5.1 million. The property is located in New Mexico and is operated by Out West Restaurant Group, Inc., a franchisee of Outback Steakhouse. The transaction was priced at a 5.0% cap rate on current rent, exclusive of transaction costs, and will result in an immaterial gain to FCPT. The company plans to repurpose the proceeds into new investment opportunities consistent with FCPT thresholds.\n\n\nFCPT antic
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MILL VALLEY, Calif.–(BUSINESS WIRE)–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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of an Outback Steakhouse restaurant property for $5.1 million. The property is located in New Mexico and is […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-785186","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nFCPT Announces Disposition of an Outback Steakhouse Restaurant Property for $5.1 million - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-an-outback-steakhouse-restaurant-property-for-5-1-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Disposition of an Outback Steakhouse Restaurant Property for $5.1 million - BeBeez\" \/>\n<meta property=\"og:description\" content=\"MILL VALLEY, Calif.--(BUSINESS WIRE)--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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of an Outback Steakhouse restaurant property for $5.1 million. 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