FCPT Acquires Newly Constructed Baptist Health Property in Alabama for $4.7 Million

Reuters12-06

FCPT Acquires Newly Constructed Baptist Health Property in Alabama for $4.7 Million

Four Corners Property Trust Inc. (FCPT) has acquired a newly constructed Baptist Health property in Alabama for $4.7 million. The property, situated in a strong retail corridor, is leased to Baptist Health under a long-term net lease with approximately ten years remaining. The acquisition was completed at a 6.8% cap rate, excluding transaction costs. FCPT continues to expand its portfolio of high-quality, net-leased properties with this latest addition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205513301) on December 05, 2025, and is solely responsible for the information contained therein.

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(FCPT) has acquired a newly constructed Baptist Health property in Alabama for $4.7 million. The property, situated in a strong retail corridor, is leased to Baptist Health under a long-term net lease with approximately ten years remaining. The acquisition was completed at a 6.8% cap rate, excluding transaction costs. FCPT continues to expand its portfolio of high-quality, net-leased properties with this latest addition.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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