Real estate trust acquires Heartland Dental property for $3M

Four Corners Property Trust, a real estate investment trust, recently acquired a Heartland Dental property for $3 million.

The Kansas property is under a triple net lease with approximately eight years left, according to a May 27 news release.

The transaction was priced at a 6.1 percent capitalization rate, exclusive of transaction costs.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.