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Four Corners acquires 2 Kansas restaurant properties

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Four Corners acquires 2 Kansas restaurant properties

Four Corners Property Trust bought two restaurant properties in Kansas for a combined purchase price of $2.1 million.

The Texas Roadhouse property is leased to the corporate operator, while the Chili's property is leased to a franchisee.

The properties are subject to triple-net leases with an average remaining term of about seven years.