FCPT buys Springfield Clinic property for $3.5 million at 6.7% cap rate
Four Corners Property Trust, Inc.
Four Corners Property Trust, Inc. FCPT | 0.00 |
- Four Corners Property Trust bought a Springfield Clinic property for USD 3.5 million.
- Asset sits in an Illinois retail corridor. Lease structure is triple net. Remaining term is about 15 years.
- Deal priced at a 6.7% cap rate on rent at closing, excluding transaction costs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606301700BIZWIRE_USPR_____20260630_BW972520) on June 30, 2026, and is solely responsible for the information contained therein.
