FCPT
Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a Burger King property for $1.
Article Summary
HOLD- Four Corners Property Trust (NYSE: FCPT) announced the acquisition of a Burger King property for $1.6 million, located in Minnesota and franchisee-operated by Dhanani Group under a triple net lease with approximately six years of term remaining.
- The transaction was priced at a 7.4% cap rate on rent as of the closing date and exclusive of transaction costs, with the property located in a strong retail corridor in Minnesota with over 500 Burger King restaurants and over 800 locations across multiple restaurant brands.
- The real estate investment trust is primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties and seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in restaurants and retail industries.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 10.2% | 25% | 50.0 ptsMeets Minimum (10.2%) - Passes screener |
| EPS Growth Next 5Y ? | 3.3% | 25% | 10.0 ptsVery Weak (3.3%) - Minimal expectations |
| Target Price Upside ? | 6.5% | 20% | 35.0 ptsBelow Screener (6.5%) - Target: $28.20 vs Current: $26.49 |
| Gross Margin % ? | 64.9% | 15% | 80.0 ptsVery Healthy (64.9%) - High-quality margins |
| Drawdown from 52-Wk High ? | -1.7% | 15% | 20.0 ptsBarely a Dip (-1.7%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About FCPT
- Four Corners Property Trust, Inc. is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail 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.
- Four Corners Property Trust, Inc is headquartered in Mill Valley, California.
- Four Corners Property Trust, Inc. was established on July 02, 2015 and incorporated in Maryland.