Getty Realty Corporation
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Christopher J. Constant
- Full Time Employees
- 31
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 292 Madison Avenue New York NY United States 10017-6318
- IPO Date
- Mar 17, 1980
- CIK
- 0001052752
- Website
- gettyrealty.com
- Similar Companies
- Business
- Getty Realty Corp. (NYSE: GTY), founded in 1955 and headquartered in New York, New York, is a publicly traded net lease real estate investment trust (REIT) specializing in the acquisition, financing, development, redevelopment, and asset management of convenience, automotive, and other single-tenant retail real estate across 42 states in the United States and Washington, D.C. The company's portfolio comprises approximately 1,118 freestanding properties, including convenience stores and gas stations (primarily under national and regional brands), express tunnel car washes, automotive service centers (encompassing gasoline and repair, oil and maintenance, tire and battery, and collision services), drive-thru quick service restaurants, automotive parts retailers, and legacy gas and repair facilities; these properties, typically 3,000 to 5,000 square feet and located at high-traffic corner sites in signalized intersections and strong retail corridors with concentrations in high-density metropolitan areas, generate the majority of revenue through long-term net lease rental income from national and regional tenants, some of whom sublet to third-party operators for fuel supply and business operations. In recent developments, Getty Realty invested approximately $209 million in 2024 at an initial cash yield of 8.3%, acquiring fee simple interests in 31 express tunnel car washes, 19 auto service centers, 17 convenience stores, and four drive-thru quick service restaurants, including $76 million in the fourth quarter at 8.9% yield; as of late 2025, the company maintains a committed investment pipeline exceeding $75 million for 22 properties across seven tenants, raised $164 million in gross equity proceeds through common share sales, closed a $125 million private placement of senior unsecured notes maturing in 2029 and 2032 to refinance existing debt, expanded its revolving credit facility to $450 million extending maturities to 2028-2029 with ten major financial institutions, and grew its portfolio to 1,160 properties across 44 states while raising full-year 2025 AFFO guidance to $2.42-$2.43 per share amid portfolio diversification into recession-resistant essential retail sectors.
Company News
Getty Realty (GTY) Tops Q3 FFO and Revenue Estimates
Getty Realty Corp. Announces Third Quarter 2026 Results
Getty Realty Corp. Announces Increased Quarterly Cash Dividend
Getty Realty Corp. Announces New $200 Million Unsecured Term Loan
Getty Realty (NYSE:GTY) and InvenTrust Properties (NYSE:IVT) Critical Review
Dividend Champion, Contender, And Challenger Highlights: Week October 4
Getty Realty Corporation (NYSE:GTY) Receives Average Rating of “Moderate Buy” from Brokerages
Getty Realty closes Refuel sale-leaseback and lines up funding
Getty Realty Corp. to Report Third Quarter 2026 Financial Results
Getty Realty Corp. Announces $260.9 Million Sale Leaseback Transaction with Refuel Operating Company
2023 All Over Again? 2 REITs To Buy After The Rate Hike Pullback
Net Lease REITs: Diversification Or Diworsification?
DRH or GTY: Which Is the Better Value Stock Right Now?
The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs
Cash Cows: 7 High-Yielding REITs With Secure Dividends
Reviewing Mercialys (OTCMKTS:MEIYF) and Getty Realty (NYSE:GTY)
Getty Realty (GTY) Upgraded to Buy: Here's Why
DRH or GTY: Which Is the Better Value Stock Right Now?
Fifth Third Bancorp Has $549,000 Holdings in Getty Realty Corporation $GTY
Getty Realty Q2 Earnings Call Highlights