Four Corners Property Trust acquires five Novant Health urgent care properties for $11.7 million
FCPT•Four Corners Property Trust acquires five Novant Health urgent care properties
Four Corners Property Trust acquired five Novant Health Urgent Care properties for $11.7 million.
The assets sit in retail corridors in South Carolina.
The net leases run about five more years.
The deal was priced at a 6.9% cap rate, including rent credits at closing, excluding transaction costs.
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