FCPT acquires four BK restaurant properties

Share This:
Search for similar articles by keyword: [Burger King]

MILL VALLEY, Calif. – Four Corners Property Trust (FCPT) recently acquired four Burger King properties for $7.7 million. FCPT bought the properties from Cambridge Franchise Holdings which had been leasing them.

The four properties are in Tennessee and are occupied under new, individual triple-net leases with 20-year terms and above brand average performance, FCPT said. Cambridge, a 102-unit franchisee, will actively invest and renovate these properties over the next few years.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.