FCPT Announces Acquisition of a BluePearl Pet Hospital Property for $3.8 Million

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MILL VALLEY, Calif.--(BUSINESS WIRE)--Mar 23, 2026--

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a BluePearl Pet Hospital property for $3.8 million. The property is located in a strong retail corridor in Colorado and is corporate-operated under a net lease with approximately five years of term remaining. The transaction was priced at a 7.0% cap rate as of the closing date and exclusive of transaction costs.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Category: Acquisition

View source version on businesswire.com:https://www.businesswire.com/news/home/20260323110997/en/

CONTACT: Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEOPatrick Wernig, 415-965-8038

CFO

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA COLORADO

INDUSTRY KEYWORD: REIT HEALTH VETERINARY COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Four Corners Property Trust

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PUB: 03/23/2026 06:01 PM/DISC: 03/23/2026 06:01 PM

http://www.businesswire.com/news/home/20260323110997/en