MILL VALLEY, Calif.–(BUSINESS WIRE)–4 Corners Property Belief (NYSE:FCPT), an actual property funding belief primarily engaged within the possession and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Firm), is happy to announce the acquisition of a Mercy Well being Clinic property for $3.8 million. Mercy Well being is among the largest well being programs in the USA and has been in operation since 1871. The property is situated in a powerful retail hall in Missouri and corporate-operated underneath a triple web lease with roughly 5 years of time period remaining. The transaction was priced at a 7.1% cap fee on hire as of the deadline and unique of transaction prices.

About FCPT

FCPT, headquartered in Mill Valley, CA, is an actual property funding belief primarily engaged within the possession, acquisition and leasing of restaurant and retail properties. The Firm seeks to develop its portfolio by buying extra actual property to lease, on a web foundation, to be used within the restaurant and retail industries. Further details about FCPT could be discovered on the web site at www.fcpt.com.

Class: Acquisition

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4 Corners Property (NYSE:) Belief:
Invoice Lenehan, 415-965-8031
CEO

Patrick Wernig, 415-965-8038
CFO

Supply: 4 Corners Property Belief