FCPT Acquires 14 Sun Auto Tire & Service Properties for $26 Million

Four Corners Property Trust (FCPT) acquired 14 Sun Auto Tire & Service properties for a total purchase price of $26.0 million on Friday, June 5, 2026. The transaction involves a portfolio of automotive service centers, expanding the real estate investment trust’s holdings within the automotive retail sector.

The acquisition includes properties located across multiple markets, all currently operating under the Sun Auto Tire & Service brand. FCPT finalized the deal as part of its ongoing strategy to manage a diversified portfolio of net-leased retail assets. The company confirmed the $26.0 million investment reflects the current market valuation of the 14 sites, which will continue to function as automotive maintenance and repair facilities under their existing lease agreements.

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Date: June 5, 2026

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GOAI