Four Corners Property Trust buys North Carolina Gerber Collision site for $3.5 million
Four Corners Property Trust, Inc.
Four Corners Property Trust, Inc. FCPT | 0.00 |
- FCPT acquired a Gerber Collision property for USD 3.5 million.
- Asset sits on a highly trafficked corridor in North Carolina.
- Lease structure is triple net with about eight years remaining.
- Deal priced at a 7.5% cap rate on rent at closing, including rent credits received at closing and 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: 202605211743BIZWIRE_USPR_____20260521_BW724790) on May 21, 2026, and is solely responsible for the information contained therein.
