Four Corners Property Trust buys two Arby's sites for $3.4 million at 6.8% cap rate

Four Corners Property Trust, Inc.
Wendy's Company

Four Corners Property Trust, Inc.

FCPT

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Wendy's Company

WEN

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  • Four Corners Property Trust bought two Arby’s properties for USD 3.4 million.
  • Sites sit in retail corridors in Indiana, Kentucky; leased to Arby’s on long-term triple-net terms with about seven years remaining.
  • Deal priced at a 6.8% cap rate on rent at closing, excluding transaction costs.


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