Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Two McAlister's Deli Restaurant Properties for $4.1 million on January 27, 2017. Both location are under a new triple-net master lease for 15-year. The transaction closed at a going-in cash cap rate of 6.75%, exclusive of transaction costs. Four Corners Property Trust, Inc. (NYSE:FCPT) completed the acquisition of Two McAlister's Deli Restaurant Properties on January 27, 2017.