Four Corners Property Trust (FCPT) has added a Caliber Collision property to its portfolio through a USD 4.9 million acquisition. The announcement was made earlier this week, reflecting the company's continued focus on stable, long-term net-lease assets. Caliber Collision remains one of the largest auto body repair chains in the United States, and FCPT has expanded its exposure to this tenant over recent years through similar property purchases. The latest acquisition aligns with FCPT's investment approach of targeting well-located, operationally consistent properties backed by established operators.
Four Corners Property Trust (FCPT) recently stated that it acquired a Caliber Collision property for about USD 4.9 million. The purchase adds to FCPT's existing portfolio of service-oriented, net-lease real estate assets across the United States.
The company has been growing its holdings involving Caliber Collision over the past few years, as the auto repair operator continues to expand its national network. FCPT has previously completed several single-tenant acquisitions with the same operator, reflecting its strategy of focusing on properties that are backed by well-established tenants and predictable operating models.
The company noted that the latest transaction fits within its long-term investment criteria, which emphasise real estate with stable occupancy, dependable cash flows and tenants with strong operational histories. Caliber Collision, which has steadily expanded its footprint across multiple states, has remained a consistent part of FCPT's acquisition activity.
This deal follows FCPT's broader pattern of selectively adding properties in sectors where customer demand remains steady, including automotive services, healthcare-adjacent businesses and essential retail. The trust has maintained a disciplined approach in its recent acquisitions despite market uncertainty, focusing on assets that support long-term income generation.
Source Reuters
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023