Four Corners Property Trust (NYSE:FCPT) (NYSE: FCPT) is a self-managed real estate investment trust that specializes in the acquisition, ownership and management of single-tenant net leased properties across North America. The company focuses on properties leased on a triple-net basis, where tenants are responsible for most property operating expenses, allowing Four Corners to generate stable, predictable cash flows with minimal landlord responsibilities.
The trust’s portfolio spans a diversified mix of non-discretionary and necessity-based industries, including food service, convenience stores, automotive services, health and fitness, professional services, gaming and select retail concepts. Targeting both investment-grade and well-capitalized regional tenants, Four Corners structures long-term leases that typically feature contractual rent escalations and staggered maturities, supporting portfolio income stability and reducing rollover risk.
Founded in 2015 as a spin-off to provide investors with a pure-play net lease platform, Four Corners completed its initial public offering in 2016 and has since pursued a disciplined acquisition strategy. The company evaluates opportunities in both primary and secondary markets throughout the United States and Canada, seeking urban infill and suburban corridor locations with strong demographic fundamentals. Active portfolio management, selective dispositions and regular credit monitoring underpin the trust’s approach to preserving asset quality and enhancing returns.
Under the leadership of President and Chief Executive Officer Andrew Bonds, Four Corners Property Trust is supported by a management team and board of directors with deep expertise in real estate investment, finance and operations. The company places emphasis on environmental, social and governance practices in its asset management and capital allocation processes, aiming to deliver reliable distributions to shareholders while maintaining financial flexibility for future growth.
