Reported Earlier, FCPT Announces $2.5M Sale-Leaseback Acquisition Of Sun Auto Tire & Service Property In North Carolina Under Long-Term Triple Net Lease
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Why It Matters
FCPT bought a tire shop building in North Carolina and will rent it back to the business for a long time, getting steady money from the rent. This shows FCPT is finding new properties to own and earn income from, which is part of how it makes money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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