{"id":815291,"date":"2022-08-23T07:06:58","date_gmt":"2022-08-23T05:06:58","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/fcpt-announces-disposition-of-a-burger-king-restaurant-property-for-2-4-million\/"},"modified":"2022-08-23T07:06:58","modified_gmt":"2022-08-23T05:06:58","slug":"fcpt-announces-disposition-of-a-burger-king-restaurant-property-for-2-4-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-a-burger-king-restaurant-property-for-2-4-million\/","title":{"rendered":"FCPT Announces Disposition of a Burger King Restaurant Property for $2.4 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 a Burger King restaurant property for $2.4 million. The property is located in Mississippi and is operated by Carrols Restaurant Group under a triple net lease with approximately sixteen years of term remaining. The transaction was priced at a 5.3% 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 FCP
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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 a Burger King restaurant property for $2.4 million. The property is located in Mississippi and is operated […]<\/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-815291","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nFCPT Announces Disposition of a Burger King Restaurant Property for $2.4 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-a-burger-king-restaurant-property-for-2-4-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 a Burger King Restaurant Property for $2.4 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 a Burger King restaurant property for $2.4 million. 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