Four Springs Capital Trust Buys Four Retail Properties

Lake Como, N.J. – The properties are all subject to long-term triple net leases.

Lake Como, N.J. – Four Springs Capital Trust has closed on the acquisition of over $34 million of single-tenant net lease assets, including an industrial property and four retail assets. The retail assets include a 71,917-square-foot Academy Sports + Outdoors store in Mt. Juliet, Tennessee; a 71,541-square-foot Academy Sports + Outdoors store in Jonesboro, Arkansas; and two 9,026-square-foot Dollar General stores, located in Yulee and Middleburg, Florida. The properties are all subject to long-term triple net leases.

   — Scott Reid