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 properties.”
William Lenehan, President & CEO
FCPT Acquisition Team
Representative Transactions
Washington Prime Outparcel Portfolio

Announced September 2017
$67.2 million • 41 properties • 22 brands
8 year average lease term
Corporate and Franchisee Tenants
Brinker/Chili’s Sale Leaseback

Announced August 2018
$155.7 million • 48 properties • 1 brand
15 year lease term
Corporate Tenant
Repeat Sale Leaseback

Announced September 2017
$38.5 million • 18 properties
20 year lease term
Franchisee with over 120 units
Acquisition Criteria
Restaurant Acquisition Criteria
Property Type: Triple net lease restaurants and other retail
Deal Size: Single properties or portfolios from $1 million – $200 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: Credit-rated
Transaction Type
Sale leasebacks
Existing lease acquisitions
Tenant renovation capital
Forward purchase commitments on new developments
Lease amendments and extensions
Paid in cash and/or tax-deferred OP units (UPREIT)