Four Corners Property Trust Acquires Patient First Urgent Care Property for $6.6 Million

Four Corners Property Trust (FCPT) acquired a Patient First Urgent Care property in Pennsylvania for $6.6 million. The property is under a long-term triple net lease and operates in a strong retail corridor. The acquisition aligns with FCPT's strategy of expanding its net-leased real estate portfolio.

Four Corners Property Trust (FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has announced the acquisition of a Patient First Urgent Care property for $6.6 million [1]. The property is located in a strong retail corridor in Pennsylvania and is corporate-operated under a long-term triple net lease.

The acquisition aligns with FCPT's strategy of expanding its net-leased real estate portfolio. The property is expected to generate steady income through long-term leasing agreements, which are common in the real estate investment trust (REIT) sector. This acquisition follows a series of recent transactions where FCPT has acquired properties from Bojangles, Burger King, and Mavis Tire, further solidifying its position in the market [2].

FCPT, headquartered in Mill Valley, CA, is focused on growing its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The company's latest acquisition is part of its ongoing efforts to diversify its portfolio and capitalize on opportunities in strong retail corridors.

For further information about FCPT, please visit their website at www.fcpt.com.

References:
[1] https://www.businesswire.com/news/home/20250828985848/en/FCPT-Announces-Acquisition-of-a-Patient-First-Urgent-Care-Property-for-%246.6-Million
[2] https://www.marketscreener.com/news/four-corners-property-trust-announces-acquisition-of-a-patient-first-urgent-care-property-for-6-6-m-ce7c50dcdc8af627