Four Corners Property Trust Buys City Barbeque Property for $2.6 Million-February 2024-www.financetom.com

Four Corners Property Trust Buys City Barbeque Property for $2.6 Million

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Four Corners Property Trust Buys City Barbeque Property for $2.6 Million

Dec 17, 2024 2:37 PM

05:18 PM EST, 12/17/2024 (MT Newswires) -- Four Corners Property Trust ( FCPT ) said Tuesday it has purchased a City Barbeque property in Georgia for $2.6 million.

The property is under a long-term, triple-net corporate lease with about 11 years remaining, and priced at a cap rate in line with the company's prior deals, it said.

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