FCPT is an investment grade rated REIT primarily engaged in the ownership and acquisition of net leased restaurant properties. We currently own 722, well-located properties diversified across 46 states and 66 brands.
Our initial real estate portfolio consisted of 418 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 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 304 additional properties representing 61 additional brands.
722 Properties
66 Brands
46 States
4.8 Million sq ft
Weighted Average Lease Term of 10.8 years
4.7x Tenant Rental Coverage
Portfolio Geography
46 States | 722 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.
