FCPT closes $268M Mission Pet Health acquisition, hits record $364M YTD volume

Filed July 16, 2026 · Period ending July 16, 2026 · ~1 min read

Key Changes

• high

  Closed acquisition of 102 Mission Pet Health veterinary properties for $268M generating ~$17.4M annual rent, expanding beyond traditional restaurant/retail focus into veterinary care sector.

  Exhibit 99.1 view on EDGAR →
• high

  YTD acquisitions reach record $364.3M across 139 properties at 6.6% weighted average cap rate, exceeding any prior full-year total in just seven months.

  Exhibit 99.1 view on EDGAR →
• low

  Filed Regulation FD disclosure referencing press release announcing the transaction.

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →