{"id":813079,"date":"2022-08-09T07:04:18","date_gmt":"2022-08-09T05:04:18","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/fcpt-announces-disposition-of-an-applebees-restaurant-property-for-1-7-million\/"},"modified":"2022-08-09T07:04:18","modified_gmt":"2022-08-09T05:04:18","slug":"fcpt-announces-disposition-of-an-applebees-restaurant-property-for-1-7-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-an-applebees-restaurant-property-for-1-7-million\/","title":{"rendered":"FCPT Announces Disposition of an Applebee\u2019s Restaurant Property for $1.7 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 Applebee\u2019s restaurant property for $1.7 million. The property is located in Michigan and is franchisee-operated under a lease with approximately two years of term remaining. This transaction was priced at a cap rate in range with previous FCPT transactions 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 anticipates redeploying
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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 Applebee\u2019s restaurant property for $1.7 million. The property is located in Michigan and is franchisee-operated under […]<\/p>\n","protected":false},"author":0,"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-813079","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nFCPT Announces Disposition of an Applebee\u2019s Restaurant Property for $1.7 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-applebees-restaurant-property-for-1-7-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 Applebee\u2019s Restaurant Property for $1.7 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 Applebee\u2019s restaurant property for $1.7 million. 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