Four Corners Expands Portfolio With a VCA Animal Hospital Property

Four Corners Property Trust FCPT 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 FCPTThis 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 ConsiderSome better-ranked stocks from the broader REIT sector are W.P. Carey WPC and Terreno Realty TRNO, 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.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Terreno Realty Corporation (TRNO): Free Stock Analysis Report W.P. Carey Inc. (WPC): Free Stock Analysis Report Four Corners Property Trust, Inc. (FCPT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks