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MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Goodyear Tire property for $3.5 million. The property is located in a strong retail corridor in Ohio and is corporate-operated under a triple net lease with approximately ten years of term remaining. The transaction was priced at a 6.6% going-in cash capitalization rate, exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Answer: FCPT Announces Acquisition of a Goodyear Tire Property for $3.5 Million