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FCPT - FCPT Announces Acquisition of a Texas Roadhouse Property for $4.3 Million - News released on Fri, 26 Jun 2020 20:06:36 +0000 (UTC)- REITNewsHeadlines - 2020-06-28 09:10:29 PDT

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#FCPT also had a strong Q1 2020 results, with both FFO and Adjusted FFO increasing Year over year. - JohnforkO - 2020-07-04 16:13:55 PDT

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#ADC had a really good Q1, increasing AFFO from $0.72 in Q1 2019 to $0.82 in Q1 2020. - 777i - 2020-07-01 20:31:02 PDT

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This Texas Roadhouse property for $4.3 million is located in a strong retail corridor in Colorado and is occupied under a triple-net lease with the corporate operator. The lease has approximately 5 years of term remaining. The transaction was priced at a 6.4% going-in cash capitalization rate. I’d love it if the address of this property was shared to get a better sense of the deal since $4.3M is still a lot of money. I’m glad #FCPT continues to expand during the crisis. - Atopp - 2020-06-28 09:10:29 PDT

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Does FCPT own any Pizzahuts or Wendy’s locations? Or do we know which REITs do? Did you guys see the news? NPC International Inc., one of the largest restaurant franchisees in the U.S. (more than 1,200 Pizza Hut restaurants and 385 Wendy’s Co. stores), is preparing to file for bankruptcy protection. If these random lockdown continue, we will see a lot more companies meet this fate. - CapitalKing - 2020-06-30 06:42:33 PDT


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