FCPT Acquires Indiana Outback Steakhouse Property for USD 2m.
MANews-(C)2009-2022
California-based real estate investment firm Four Corners Property Trust (NYSE: FCPT) has acquired an Indiana Outback Steakhouse property for USD 2.4m, the company said.
The property is corporate-operated under a net lease with approximately 4 years of term remaining.
The transaction was priced at a 6.8% going-in cash capitalization rate, exclusive of...
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