FCPT Acquires Miller's Ale House Property in Georgia for $3.8 Million

Four Corners Property Trust (FCPT) has completed the acquisition of a Miller's Ale House property for $3.8 million. The transaction was finalized at a 7.2% cap rate on rent, excluding transaction costs. This property, situated in Georgia, is operated corporately under a long-term net lease agreement, with approximately 11 years remaining on the lease term.