Why Partner with us?
FCPT is a NYSE listed REIT primarily focused on the ownership, acquisition, and leasing of restaurant and other retail properties. We have strong access to capital and are able to close quickly. FCPT’s experienced and responsive senior management team is interested in building relationships with brokers, real estate partners, developers, banks and advisers.
Investment criteria
- Property Type: Net lease restaurants, auto service, collision repair, convenience stores, and medical retail
- Deal Size: Varies by opportunity, but include Single properties or portfolios from $1 million – $300 million
- Geographical Location: Nationwide
- Demographics: >25,000 3-mile population
- Lease Term: Negotiable, >5 years for existing leases 10-20 years for new leases
- Closing: Negotiable, typically 45 days
- Tenants: National brands and strong credit operators
Transaction types
- Sale leasebacks
- Existing lease acquisitions
- Tenant renovation capital
- Forward purchase commitments on new developments
- Lease amendments and extensions
- Proceeds for all transactions can be paid in cash and/or tax-deferred OP units (UPREIT)
Representative brands and transactions
Washington Prime Outparcel Portfolio
59 properties • over $100 million
Average purchase price of approximately $1.7 million per property
Corporate and franchise tenants
Brinker/Chili’s sale leaseback
48 properties • $155.7 million
• 1 brand
15 year lease term
Corporate Tenant
Repeat sale leaseback
18 properties • $38.5 million
20 year lease term
Franchise with over 120 units
Darden Portfolio
13 properties • $79.5 million
Darden corporate guaranty
Triple Net Lease
Seritage Outparcel Portfolio
28 properties • $86.0 million
Corporate and franchise tenants
Representative Brands Sample
