FCPT Acquires Newly Built McAlister's Deli in Michigan for $2.3 Million

Reuters01-27
FCPT Acquires Newly Built McAlister's Deli in Michigan for $2.3 Million

Four Corners Property Trust (FCPT), a real estate investment trust focused on high-quality, net-leased restaurant and retail properties, has acquired a newly constructed McAlister's Deli property in Michigan for $2.3 million. The property, located in a strong retail corridor, is operated by a franchisee under a long-term net lease. The acquisition was completed at a cap rate consistent with FCPT's previous transactions.

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: 20260126059956) on January 26, 2026, and is solely responsible for the information contained therein.

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