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FCPT - Four Corners Property Trust Inc.
03/17/2026 | Press release | Distributed by Public on 03/17/2026 16:11
FCPT Announces Acquisition of a First Watch Property for $2.8 Million
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 ("FCPT" or the "Company"), is pleased to announce the acquisition of a First Watch property for $2.8 million. First Watch is a daytime dining restaurant chain serving breakfast, brunch, and lunch, with over 600 locations across 32 states. The property is located in a strong retail corridor in Wisconsin and is corporate-operated under a long-term triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
About FCPT
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at https://www.fcpt.com.
Category: Acquisition
Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Patrick Wernig, 415-965-8038
CFO
FCPT - Four Corners Property Trust Inc. published this content on March 17, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 17, 2026 at 22:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]