Description
Four Corners Property Trust, Inc. is a real estate investment trust (REIT), which owns, acquires and leases properties for use in the restaurant and retail industries.
The Company operates through two segments: real estate operations and restaurant operations. Its real estate operations segment consists of rental revenues primarily generated by leasing restaurant properties to tenants through triple-net lease arrangements under which the tenant is primarily responsible for ongoing costs relating to the properties.
Its restaurant operations segment is conducted through its taxable REIT subsidiary, Kerrow Holdings, LLC, and consists of its Kerrow Restaurant Operating Business. Its investment portfolio includes approximately 919 rental properties, all within the continental United States
Its properties are located in Florida, Texas, Georgia, Ohio, Michigan, Pennsylvania, Wisconsin, Alabama, South Carolina, Minnesota, Arkansas, Louisiana, Kansas and Missouri.
