Additional information about FCPT can be found on the website at . National Tire & Battery is a Motor Vehicle Manufacturing, Automobile Parts Stores, and Retail company located in Manassas, Virginia with 1. 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. TBC Retail is the largest operator of tire and automotive service centers in the U.S. The portfolio was priced at a 7.6% capitalization rate, exclusive of transaction costs.įCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. Bigger, Better, Faster Tire Distribution. From tires and oil changes to brakes, alignments and batteries, you can trust our expert technicians to get you back on the road. These are the pillars of the NTW promise. About the Business NTB of Middleburg Heights, OH is your one-stop shop for fast, friendly, hassle-free car care. And if you have any questions, our customer service team is committed to helping you resolve your concerns the first time. Tire Kingdom, Merchants, and NTB National Tire & Battery trademarks. Our invoice and billing process is straightforward, with seamlessly-applied ATF credits and hassle-free product or warranty returns.
The properties are located in highly trafficked retail corridors in Mississippi and Ohio and are corporate-operated under triple net leases with approximately three years of weighted average term remaining. Big O franchises retail tire and automotive service stores located primarily in.
MILL VALLEY, Calif.-( BUSINESS WIRE)-Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of six NTB (National Tire and Battery) branded properties for $11.6 million.
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