Getty Realty Corp. (NYSE:GTY) is a real estate investment trust focused on owning, leasing and managing retail fueling properties throughout the United States. Founded in 1981 as a spin-off from the Getty Oil family, the company specializes in single-tenant properties occupied primarily by leading petroleum brands. As a REIT, Getty Realty’s core business involves acquiring strategically located fuel stations and related convenience outlets, then entering into long-term, triple-net leases that transfer most property operating responsibilities to tenants while providing the trust a stable stream of rental income.
The company’s portfolio comprises more than 1,200 retail fueling properties across over 30 states, featuring both high-traffic urban locations and essential highway service points. Getty Realty works closely with major energy and convenience store operators such as ExxonMobil, Shell, Phillips 66, Circle K and others, tailoring property configurations to meet site-specific requirements. This approach enables tenants to manage day-to-day operations, including fuel distribution and convenience offerings, while Getty Realty handles property ownership, ground leases and facility maintenance oversight.
Since its inception, Getty Realty has pursued a disciplined acquisition strategy, targeting sites with strong demographic and traffic fundamentals. The REIT’s experienced property management team conducts rigorous due diligence on prospective transactions, assessing factors such as site accessibility, environmental compliance and projected fuel volumes. Through selective investments and long-term lease structures, the company aims to achieve reliable cash flows and sustainable growth in a market driven by consumer demand for retail fuel and convenience services.
Leadership at Getty Realty brings together professionals with deep backgrounds in real estate, energy and financial management. The board and executive team emphasize asset quality and tenant diversification to mitigate market fluctuations and evolving energy trends. Headquartered in New York City, Getty Realty continues to refine its portfolio mix and expand into attractive regional markets while maintaining its focus on the retail fueling sector and delivering consistent value to shareholders.
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