Four Corners Property Trust Inc. $(FCPT)$, a leading real estate investment trust, has announced the acquisition of an Olive Garden property for $4.1 million. This latest addition to FCPT's portfolio is situated in a thriving retail area in North Carolina. The property is under a long-term triple net lease, ensuring stable income for the trust. The acquisition aligns with FCPT's strategy of investing in high-quality, net-leased restaurant and retail properties and was completed at a cap rate consistent with their previous transactions.
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