05:06 AM EDT, 03/19/2025 (MT Newswires) -- Four Corners Property Trust ( FCPT ) said late Tuesday it acquired six Burger King properties for $10.1 million through a sale-leaseback arrangement.
The company said properties located in high-traffic areas of Texas are secured with long-term, triple net leases guaranteed by Burger King Corporate.
The deal was priced at a cap rate consistent with previous transactions, the company added.