Four Corners Property Trust (FCPT) announces the acquisition of four Mission Pet Health properties for $9.3 million. The properties are located in strong retail corridors in Illinois (3) and Wisconsin (1) and are corporate-operated under long term, net leases with a weighted average of 11 years of term remaining. The transaction was priced at a 6.9% cap rate on rent as of the closing date and exclusive of transaction costs.
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