We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
FCPT Continues its Acquisition Spree With Automotive Service Property
Read MoreHide Full Article
Four Corners Property Trust (FCPT - Free Report) recently announced the purchase of an automotive service property for $5.3 million. Leased to a national operator, the said property is located in a highly trafficked corridor in Arkansas. The above acquisition highlights the company’s expansionary and diversification efforts, which will aid future revenue growth.
Priced at a 6.8% cap rate on rent as of the closing date, exclusive of transaction costs, the property is corporate-operated under a long-term, triple-net lease. This will help secure FCPT's long-term cash flows.
This real estate investment trust (REIT), mainly engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has a track record of acquisitions. In March 2025, FCPT acquired ten Burger King properties from Ampler Restaurant Group for $22 million through a sale-leaseback.
The above purchases fall in line with FCPT’s strategy of structuring a portfolio that will withstand varied economic cycles. However, the company’s expansion may face potential headwinds in a still high-interest-rate environment, which could keep its borrowing costs elevated.
Over the past three months, shares of this Zacks Rank #3 (Hold) company have risen 0.4%, against the industry's fall of 0.1%. Analysts seem bullish on this stock, with the Zacks Consensus Estimate for its 2025 funds from operations (FFO) per share being marginally revised northward over the past two months to $1.77.
The Zacks Consensus Estimate for Welltower’s 2025 FFO per share has been moved marginally northward to $4.93 over the past month.
The consensus estimate for Cousins Properties’ 2025 FFO per share has been revised upward by 1.8% to $2.79 over the past month.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
FCPT Continues its Acquisition Spree With Automotive Service Property
Four Corners Property Trust (FCPT - Free Report) recently announced the purchase of an automotive service property for $5.3 million. Leased to a national operator, the said property is located in a highly trafficked corridor in Arkansas. The above acquisition highlights the company’s expansionary and diversification efforts, which will aid future revenue growth.
Priced at a 6.8% cap rate on rent as of the closing date, exclusive of transaction costs, the property is corporate-operated under a long-term, triple-net lease. This will help secure FCPT's long-term cash flows.
This real estate investment trust (REIT), mainly engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has a track record of acquisitions. In March 2025, FCPT acquired ten Burger King properties from Ampler Restaurant Group for $22 million through a sale-leaseback.
The above purchases fall in line with FCPT’s strategy of structuring a portfolio that will withstand varied economic cycles. However, the company’s expansion may face potential headwinds in a still high-interest-rate environment, which could keep its borrowing costs elevated.
Over the past three months, shares of this Zacks Rank #3 (Hold) company have risen 0.4%, against the industry's fall of 0.1%. Analysts seem bullish on this stock, with the Zacks Consensus Estimate for its 2025 funds from operations (FFO) per share being marginally revised northward over the past two months to $1.77.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks from the broader REIT sector are Welltower (WELL - Free Report) and Cousins Properties (CUZ - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Welltower’s 2025 FFO per share has been moved marginally northward to $4.93 over the past month.
The consensus estimate for Cousins Properties’ 2025 FFO per share has been revised upward by 1.8% to $2.79 over the past month.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.