Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Sprouts Farmers Market property for $8.6 million. The property is located in a strong retail corridor in Tennessee and is corporate-operated under a long-term net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.

Including today's acquisition, FCPT completed real estate acquisitions of 105 properties in 2025 for a total investment of approximately $318 million, exclusive of transaction costs.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Category: Acquisition

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Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO

Patrick Wernig, 415-965-8038

CFO

FCPT Announces Acquisition of a Sprouts Farmers Market Property for $8.6 Million and Total 2025 Acquisition Volume of $318 Million