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Overview
Four Corners Property Trust (FCPT) is a publicly traded real estate investment trust (REIT) that specializes in restaurant properties. The company was formed in 2015 and is based in Mill Valley, California. FCPT's portfolio includes over 850 properties across the United States, primarily leased to major restaurant brands such as Burger King, Taco Bell, and KFC. The company's primary business strategy is to acquire and own high-quality, net-leased restaurant properties and generate stable and recurring cash flows through long-term lease agreements with its tenants. FCPT's properties are typically located in high-traffic areas and are considered essential retail businesses. FCPT is listed on the New York Stock Exchange (NYSE) and is included in the S&P 600 SmallCap Index. As of September 2021, the company has a market capitalization of approximately $4.5 billion. The company is led by a team of experienced executives and is overseen by a board of directors with diverse backgrounds in real estate, finance, and business operations. FCPT's management team has a track record of successful real estate acquisitions and investor value creation. In addition to its focus on financial performance, FCPT is committed to sustainability and corporate social responsibility, implementing initiatives such as energy-efficient building practices and community engagement programs. Overall, Four Corners Property Trust is a well-established and reputable company in the commercial real estate industry, with a strong portfolio and business strategy that positions it for continued growth and success in the future.
What is special about the company?
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