Four Corners Property Trust is a real estate investment trust that acquires and leases net lease properties to restaurant and retail tenants across the United States, where tenants bear responsibility for operating costs including utilities, property taxes, insurance, and maintenance. The company generates revenue primarily through rental income from its diversified portfolio of properties occupied by durable restaurant and retail concepts, supplemented by operations of franchised steakhouse restaurants. FCPT pursues a strategy of acquiring well-located, income-producing properties with creditworthy tenants and strong operator profitability, targeting brands with significant presence in major U.S. markets while gradually reducing its exposure to any single tenant or operator.