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About the company
Four Corners Property Trust, Inc. is a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of net-leased restaurant and retail properties. The Company operates through two segments: real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through triple-net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties. Its restaurant operations segment is conducted through its taxable REIT subsidiary, Kerrow Holdings, LLC, and consists of its Kerrow Restaurant Operating Business. Its investment portfolio includes approximately 960 rental properties diversified across 47 states all within the United States. Its properties are located in Florida, Texas, Georgia, Ohio, Michigan, Pennsylvania, Wisconsin, Alabama, South Carolina, Minnesota, Arkansas, Louisiana, Kansas and Missouri.
- Revenue in USD (TTM)213.18m
- Net income in USD95.25m
- LocationFour Corners Property Trust Inc591 Redwood Highway, Suite 3215MILL VALLEY 94941United StatesUSA
- Phone+1 (415) 965-8030
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|FCPT:NYQ since |
|Undisclosed Buffalo Wild Wings Property,New Jersey(2)||Deal completed||26 Sep 2022||26 Sep 2022Deal completed||-6.75%||10.20m|
|Outparcel Portfolio(6)||Deal completed||31 Aug 2022||31 Aug 2022Deal completed||-11.66%||14.00m|
|National Tire & Battery-undisclosed properties,North Carolina||Deal completed||30 Aug 2022||30 Aug 2022Deal completed||-13.25%||2.80m|
|Undisclosed Mr. Tire Property,New Jersey||Deal completed||12 Aug 2022||12 Aug 2022Deal completed||-17.14%||1.20m|
|Outback Steakhouse Property||Deal completed||22 Jul 2022||22 Jul 2022Deal completed||-13.81%||2.40m|