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2025-07-21 16:20
Four Corners Property Trust (NYSE:FCPT) has announced the acquisition of six Novant Health Urgent Care properties for $12.0 million.
These properties, situated in prime South Carolina locations, are under long-term, triple net leases and are corporate-operated.
The deal's cap rate was in line with FCPT's prior transactions.
Novant Health is a comprehensive healthcare network with over 900 locations, including 19 hospitals.