Four Corners Property Trust acquires Minnesota Burger King property for $1.6 million

Four Corners Property Trust, Inc.
Restaurant Brands International, Inc.

Four Corners Property Trust, Inc.

FCPT

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Restaurant Brands International, Inc.

QSR

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  • FCPT bought a Burger King property in Minnesota for USD 1.6 million.
  • Deal priced at a 7.4% cap rate on rent at closing, excluding transaction costs.
  • Asset is leased to Dhanani Group under a triple-net lease with about six years remaining.


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