NYSE:FCPTSpecialized REITs
Is FCPT’s Latest Auto Care Deal Quietly Redefining Its Essential-Service Strategy and Cash Flow Mix?
Earlier this month, Four Corners Property Trust announced it had acquired a GreatWater 360 Auto Care property in Indiana for US$1.2 million via a sale-leaseback, under a long-term triple net lease with the corporate operator.
This deal underlines FCPT’s push into essential, service-oriented tenants such as automotive care, adding another e‑commerce‑resistant property to its portfolio.
Next, we’ll examine how this latest essential-service acquisition could influence Four Corners Property...