Why Partner with FCPT?
Four Corners Property Trust (FCPT) is a NYSE listed REIT primarily focused on the ownership, acquisition, and leasing of restaurant and other retail properties. FCPT is interested in building relationships with restaurant operators, brokers, real estate partners, developers, banks and advisers that work closely with different QSR and casual dining brands.
Experienced and responsive senior management team
Only public REIT focused on restaurant real estate
Strong access to capital; able to close quickly
We pride ourselves on being responsive, trustworthy, and creative in acquiring restaurant and other retail properties.”
William Lenehan, President & CEO
FCPT Acquisition Team
Representative Transactions
WASHINGTON PRIME OUTPARCEL PORTFOLIO
$67.2 million • 41 properties • 22 brands
8 year average lease term
Corporate and Franchisee Tenants
BRINKER/CHILI’S SALE LEASEBACK
$155.7 million • 48 properties • 1 brand
15 year lease term
Corporate Tenant
REPEAT SALE LEASEBACK
$38.5 million • 18 properties
20 year lease term
Franchisee with over 120 units
Acquisition Criteria
Property Type: Triple net lease restaurants and other including auto service, collision repair, convenience stores, and medical retail
Deal Size: 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 leasesClosing: Negotiable, typically 35 days
Tenants: National brands and strong credit operators
Transaction Type
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
