secwatch.observer — SEC 8-K summary
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Issuer:     Four Corners Property Trust, Inc. (FCPT)
CIK:        0001650132
Form:       8-K
Filed at:   2026-07-16T20:51:56+00:00
Accession:  0001193125-26-306204
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FCPT closes $268M acquisition of 102 Mission Pet Health veterinary properties
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- Purchase price of $268.0M on initial full-year cash rent of ~$17.37M, inclusive of rent credit.
- All 102 properties are operated by Mission Pet Health; transaction closed July 16, 2026.
- Year-to-date FCPT acquired 139 properties for $364.3M at 6.6% weighted average cap rate.
- Record annual acquisition volume achieved in first seven months of 2026.
- CEO Bill Lenehan highlighted expanded relationship with Mission Pet Health and Shore Capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526306204/0001193125-26-306204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650132/000119312526306204/fcpt-20260716.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-306204

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer