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.
Four Corners Expands Portfolio With a VCA Animal Hospital Property
Read MoreHide Full Article
Key Takeaways
FCPT bought a VCA animal hospital for $5.8M in a strong New York retail corridor.
The deal aligns with ongoing portfolio expansion, following a recent Caliber Collision buy.
Four Corners added 28 properties in Q3 2025 as it builds a durable, diversified portfolio.
Four Corners Property Trust (FCPT - Free Report) recently announced the acquisition of a VCA animal hospital property for $5.8 million. The move underscores the company’s efforts to expand its portfolio as a strategy to remain resilient amid uncertain times.
Priced at a cap rate in the range of FCPT’s previous transactions, the property is located in a strong retail corridor in New York and is corporate-operated under a long-term net lease.
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 mid-November, FCPT acquired a Caliber Collision property for $4.9 million. Located in a strong corridor in Texas, the property is corporate-operated under a triple-net lease with around five years of term remaining.
In the third quarter of 2025, FCPT acquired a total of 28 properties worth $82 million with a weighted average remaining lease term of 11.6 years. The acquired properties belonged to diverse industries, boosting the stability in revenue generation. 39% were medical, 36% auto service, 16% quick service restaurants and 9% casual dining restaurants by purchase price.
The above purchases fall in line with Four Corners’ strategy of structuring a portfolio that will withstand varied economic cycles. However, the company’s growth plans could encounter challenges due to its sizable $1.21 billion debt load, which may continue to keep borrowing costs high.
In the past three months, shares of this Zacks Rank #4 (Sell) company have declined 9.2% against the industry's growth of 1.8%.
The Zacks Consensus Estimate for WPC’s 2025 FFO per share has been moved northward over the past week to $4.92.
The consensus estimate for TRNO’s 2025 FFO per share has been revised upward by 4.6% to $2.71 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
Four Corners Expands Portfolio With a VCA Animal Hospital Property
Key Takeaways
Four Corners Property Trust (FCPT - Free Report) recently announced the acquisition of a VCA animal hospital property for $5.8 million. The move underscores the company’s efforts to expand its portfolio as a strategy to remain resilient amid uncertain times.
Priced at a cap rate in the range of FCPT’s previous transactions, the property is located in a strong retail corridor in New York and is corporate-operated under a long-term net lease.
More on FCPT
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 mid-November, FCPT acquired a Caliber Collision property for $4.9 million. Located in a strong corridor in Texas, the property is corporate-operated under a triple-net lease with around five years of term remaining.
In the third quarter of 2025, FCPT acquired a total of 28 properties worth $82 million with a weighted average remaining lease term of 11.6 years. The acquired properties belonged to diverse industries, boosting the stability in revenue generation. 39% were medical, 36% auto service, 16% quick service restaurants and 9% casual dining restaurants by purchase price.
The above purchases fall in line with Four Corners’ strategy of structuring a portfolio that will withstand varied economic cycles. However, the company’s growth plans could encounter challenges due to its sizable $1.21 billion debt load, which may continue to keep borrowing costs high.
In the past three months, shares of this Zacks Rank #4 (Sell) company have declined 9.2% against the industry's growth of 1.8%.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks from the broader REIT sector are W.P. Carey (WPC - Free Report) and Terreno Realty (TRNO - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for WPC’s 2025 FFO per share has been moved northward over the past week to $4.92.
The consensus estimate for TRNO’s 2025 FFO per share has been revised upward by 4.6% to $2.71 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.