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 Sprouts Farmers Market property for $8.6 million. The property is located in a strong retail corridor in Tennessee and is corporate-operated under a long-term net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
Including today's acquisition, FCPT completed real estate acquisitions of 105 properties in 2025 for a total investment of approximately $318 million, exclusive of transaction costs.