Four Corners Property announces the acquisition of a City Barbeque property for $2.6 million. City Barbeque is a 25-year-old fast casual barbeque concept with approximately 75 units primarily serving the Southeast and Midwest. The property is under a long-term, triple net corporate lease with approximately 11 years of term remaining. The transaction was priced at a cap rate in range with previous FCPT transactions.
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