FCPT is an investment grade rated REIT primarily engaged in the ownership and acquisition of net leased restaurant properties. We currently own 699, well-located properties diversified across 46 states and 58 brands.
Our initial real estate portfolio consisted of 424 restaurants spun out in November 2015 from Darden Restaurants (NYSE: DRI), representing principally Olive Garden and LongHorn Steakhouse restaurants. Darden is investment grade and continues to represent over 70% of our rental revenue.
FCPT’s strategy is to grow and diversify our portfolio through acquisitions and sale leasebacks to quality restaurant and retail operators. Since initiating activities, we have acquired 282 additional properties representing 53 additional brands.
699 Properties
58 Brands
46 States
4.6 Million sq ft
Weighted Average Lease Term of 11.1 years
4.7x Tenant Rental Coverage
Portfolio Geography
46 States | 699 Properties
Brand Breakdown
by Annual Base Rent (ABR)
Kerrow Holdings
We operate six LongHorn Steakhouse restaurants located in the San Antonio, Texas area through our Kerrow Holdings subsidiary pursuant to franchise agreements with Darden Restaurants. More info
Office Number:
Main: 210-971- 8690
Regional Accountant: 214-396-9784
VP of Operations: 214-396-9785
Hiring Information:
To apply for employment, please click on the link below.
