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Four Corners Property Trust Acquires 6 Burger King Properties for $10.1 Million
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Four Corners Property Trust Acquires 6 Burger King Properties for $10.1 Million
Mar 19, 2025 2:35 AM

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.

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