Deal Snapshot
FCPT Acquires VCA Animal Hospital Property for USD 1.7m
Wednesday 12 January 2022

US-based real estate investment trust Four Corners Property Trust (NYSE: FCPT) has acquired a VCA Animal Hospital property for USD 1.7m, the firm said.

The property is located in a highly trafficked corridor in Michigan and is corporate-operated under a net lease with approximately seven years of term remaining. The transaction was priced at a 7.0% going-in cash capitalization rate, exclusive of transaction costs.

Date Published: 12/01/2022