Four Corners Property Trust has announced 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 operated under a long-term net lease agreement from corporate headquarters. The transaction took place at a capitalization rate that is in line with previous FCPT transactions.

With today’s acquisition, FCPT has completed the purchase of a total of 105 properties in 2025, with a total investment of approximately $318 million, excluding transaction costs.