Four Corners Property Trust Acquires A Bojangles Property For $2.2M

Author: Benzinga Newsdesk | August 22, 2025 05:26pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Bojangles property for $2.2 million. The property is located in a strong retail corridor in Tennessee and is corporate-operated under a triple net lease with approximately six years of term remaining. The transaction was priced at a 7.1% cap rate on rent as of the closing date and exclusive of transaction costs.

Posted In: FCPT