FCPT Announces Acquisition of 12 NAPA Auto Parts properties for $21.1 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 portfolio of 12 NAPA Auto Parts properties for $21.1 million. The properties are located across 10 states and are occupied under a triple-net master lease to the corporate entity with approximately 5 years

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