FCPT Announces Acquisition of a VCA Animal Hospital Property for $3.4 Million

Core Viewpoint - Four Corners Property Trust (FCPT) has successfully acquired a VCA Animal Hospital property for $3.4 million, indicating a strategic move to expand its portfolio in the healthcare sector [1] Acquisition Details - The acquired property is located in a high-traffic area in New Jersey, which is expected to enhance its value and accessibility [1] - The property is corporate-operated under a net lease, with approximately eight years remaining on the lease term, providing a stable income stream for the company [1]