FCPT Extends All 66 Olive Garden, LongHorn Leases Expiring in 2027 by About Five Years

Bitget2026/10/14 21:14

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Four Corners Property Trust extended all 66 Olive Garden and LongHorn leases expiring in October 2027 with Darden Restaurants.
The renewals cover 100% of the two brands' leases with renewal notice dates in 2026.
The agreement also extends six leases expiring in October 2028; all extensions run approximately five years.
Rents will continue to increase 1.5% annually under the existing leases.
The agreement includes no landlord rent concessions or capital contributions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610141714BIZWIRE_USPR_____20261014_BW877285) on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FCPT Extends All 66 Olive Garden, LongHorn Leases Expiring in 2027 by About Five Years

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