Four Corners Expands Portfolio With Multiple Property Acquisitions

Four Corners Property Trust FCPT recently announced multiple acquisitions aggregating $11.6 million. The move underscores the company’s efforts to expand and diversify its portfolio.The company bought out a Tires Plus property in the strong retail corridor in Georgia for $2.3 million. Priced at a cap rate in line with the previous transactions, the property is corporate-operated under a long-term triple-net lease.FCPT also acquired four Mission Pet Health properties for $9.3 million, three located in strong retail corridors in Illinois and one in Wisconsin. Priced at a 6.9% cap rate on rent as of the closing date and excluding the transaction costs, the properties are corporate-operated under long-term net leases with a weighted average of 11 years of term remaining.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 December, FCPT acquired a newly constructed Jiffy Lube automotive property for $2.7 million. The property is located in a strong retail corridor in Colorado and is corporate-operated under a long-term triple-net lease with approximately 12 years of term remaining.In the third quarter of 2025, FCPT acquired 28 properties totaling $82 million, with a weighted-average remaining lease term of 11.6 years. The acquired properties belonged to diverse industries, boosting 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 resilient 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 9.7% compared with the industry's fall of 0.2%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the broader REIT sector are Cousins Properties CUZ and Digital Realty Trust DLR, each carrying a Zacks Rank of 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 Cousins Properties’ 2025 FFO per share is pegged at $2.84, which indicates year-over-year growth of 5.6%.The Zacks Consensus Estimate for DLR’s full-year FFO per share stands at $7.35, which calls for an increase of 9.5% from the year-ago period.Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 Cousins Properties Incorporated (CUZ): Free Stock Analysis Report Digital Realty Trust, Inc. (DLR): 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