Address tokens in rules-generated emails result in munged single-line output

Using this in an email sent via rules when an order's status changes:

[updated-order:shipping-address]

Results in this in the email:

FIRST NAME135 WEST 29TH STREETNEW YORK, NY 10001

It's that way in the email source, too so I can't just wrap it in a pre tag, and I can't find anywhere to fix it. It's also not in uppercase in the source data, so I have no idea why it's doing that here.