Market Capitalization (Millions $) |
2,741 |
Shares
Outstanding (Millions) |
100 |
Employees |
10 |
Revenues (TTM) (Millions $) |
273 |
Net Income (TTM) (Millions $) |
103 |
Cash Flow (TTM) (Millions $) |
-5 |
Capital Exp. (TTM) (Millions $) |
314 |
Four Corners Property Trust Inc
Four Corners Property Trust Inc is a publicly traded real estate investment trust (REIT) that specializes in acquiring, owning, and leasing high-quality restaurant properties throughout the United States. Based in Mill Valley, California, Four Corners Property Trust was founded in 2015 and has quickly become a leading player in the restaurant real estate space.
The company's portfolio consists of more than 1,200 properties that are leased to restaurant operators across the country. These properties include quick-service restaurants, fast-casual restaurants, and full-service restaurants, as well as a few other properties, such as convenience stores and gas stations. Some of the well-known restaurant brands that lease properties from Four Corners Property Trust include Burger King, Taco Bell, Arby's, and Wendy's, among many others.
One of the key features of Four Corners Property Trust's business model is the long-term, triple-net leases that it enters into with its tenants. These leases typically have initial terms of at least 15 years and require the tenant to pay for all maintenance, insurance, and property taxes associated with the property. This allows Four Corners Property Trust to generate steady, reliable rental income across its portfolio, with little to no maintenance costs or other expenses.
In addition to its focus on restaurant properties, Four Corners Property Trust is also committed to creating value for its shareholders through disciplined capital allocation and strategic growth initiatives. This may involve acquiring additional properties, entering into joint ventures with other real estate companies, or pursuing other opportunities that can deliver long-term value to the company and its investors.
Overall, Four Corners Property Trust Inc is a well-established, well-respected player in the restaurant real estate market, with a strong track record of generating consistent, growing returns for investors. Its focus on high-quality assets, long-term leases, and disciplined growth makes it an attractive investment opportunity for those interested in REITs and the restaurant industry.
Company Address: 591 Redwood Highway Mill Valley 94941 CA
Company Phone Number: 965-8030 Stock Exchange / Ticker: NYSE FCPT
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