FCPT closes USD 268 million acquisition of 102 Mission Pet Health veterinary properties
FCPT•Company commentary
The company said the first seven months’ acquisition volume has already surpassed its prior annual record.
Acquisition completed
FCPT closed the acquisition of 102 Mission Pet Health veterinary properties for USD 268 million, part of a transaction announced in May 2026.
Rent and year-to-date volume
The deal implies next 12 months’ cash rent of about USD 17.37 million, inclusive of a rent credit received at closing.
Year-to-date, FCPT has acquired 139 properties for USD 364.3 million at a weighted average cap rate of 6.6%.
