Four Corners Property Trust acquires Minnesota Burger King property for $1.6 million - FCPT News | RalliesFour Corners Property Trust acquires Minnesota Burger King property for $1.6 million
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FCPT• Four Corners Property Trust buys Minnesota Burger King property
- 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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