Four Corners Property Trust closes acquisition of 102 Mission Pet Health vet properties for $268M

Four Corners Property Trust closed purchase of 102 Mission Pet Health veterinary properties for $268.0 million.

Key Highlights:

• Acquired 102 veterinary properties from Shore Capital transaction, closing on July 16, 2026.
• Purchase price of $268.0 million on initial full-year cash rent of ~$17.37 million, inclusive of a rent credit.
• Transaction was part of the previously announced Mission Pet Health deal executed May 29, 2026.
• Year-to-date, company completed 139 property acquisitions for $364.3 million at a weighted avg cap rate of 6.6%.
• Deal expands relationship with Mission Pet Health and contributed to record acquisition volume in first seven months.

Original SEC Filing:

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