Getty Realty Corp

Getty Realty Corp (NYSE: GTY) is a real estate investment trust (REIT) that specializes in the ownership and leasing of convenience store and gasoline station properties in the United States. The company was founded in 1955 and is headquartered in Jericho, New York.
Getty Realty's portfolio consists of over 850 properties located in 28 states. These properties are primarily leased to large retail brands such as 7-Eleven, Circle K, and Sunoco, as well as independent operators.
In addition to leasing properties, Getty Realty also acquires, develops, and manages properties for its own portfolio. The company's goal is to provide a reliable stream of income to its shareholders through long-term lease agreements and prudent property management.
Getty Realty has a diverse group of tenants, which helps to mitigate risk and provide stability to its revenue streams. The company has a strong track record of operational and financial success, making it a preferred choice for investors looking for exposure to the U.S. real estate market.
Additionally, Getty Realty is committed to sustainability and environmental responsibility, implementing green initiatives in its properties and operations. The company has been recognized for its efforts in this area, earning a Green Star award from the Global Real Estate Sustainability Benchmark (GRESB).
In summary, Getty Realty Corp is a well-established, financially sound company with a strong portfolio of properties and a commitment to sustainability. As a REIT, it offers investors the potential for steady income and potential for long-term growth.

1. Longevity: Getty Realty Corp has a rich history dating back to the early 20th century when it was founded by oil tycoon J. Paul Getty.
2. Well-Established Real Estate Investment Trust: Getty Realty Corp is a well-established real estate investment trust (REIT) with a diverse portfolio of properties across the United States.
3. Focus on Convenience and Service: One of the key focuses of Getty Realty Corp is to provide convenience and superior service to its customers. This has helped the company build a strong reputation in the real estate market.
4. Strategic Locations: Getty Realty Corp strategically acquires, develops, and manages its properties in high-traffic areas such as major highways, commercial districts, and residential neighborhoods.
5. Diverse Property Portfolio: The company has a diverse portfolio of properties including gas stations, convenience stores, car washes, restaurants, and retail centers, making it resilient to changes in the real estate market.
6. Commitment to Sustainability: Getty Realty Corp is committed to sustainable practices and has implemented various energy-efficient and environmentally friendly initiatives across its properties.
7. Strong Financial Performance: The company has a track record of strong financial performance, with consistent revenue growth and sound financial management.
8. Experienced Management Team: Getty Realty Corp is led by a highly experienced management team with decades of experience in the real estate industry.
9. Stable and Growing Dividend: Getty Realty Corp has a solid track record of paying stable and growing dividends to its shareholders, demonstrating its commitment to generating long-term value for investors.
10. Strong Corporate Governance: The company has a strong corporate governance structure, with a board of directors that is committed to upholding ethical and transparent business practices.

The Getty Realty Corp is a real estate investment trust (REIT) that primarily focuses on owning, leasing, and financing convenience store and gasoline station properties across the United States. Their business model is centered around owning and acquiring high-quality retail locations with strong real estate fundamentals, such as desirable locations and long-term triple net leases with creditworthy tenants. They generate revenue primarily from rental income from the properties they own and also from other leasing-related activities such as property management and leasing services. Getty Realty Corp aims to provide steady cash flow and long-term capital appreciation for its investors through strategic property acquisitions, proactive lease management, and disciplined capital allocation.

1. The company was founded in 1955 by oil tycoon J. Paul Getty, whose vast fortune came from his ownership of the Getty Oil Company.
2. Originally named the Getty Oil Company Real Estate Investment Trust, the company’s name was changed to Getty Realty Corp in 1985.
3. Getty Realty Corp is a real estate investment trust (REIT), meaning it owns and operates a portfolio of income-producing properties, mainly gas stations and convenience stores.
4. The company has over 900 properties located in 31 states, primarily in the Northeast and Midwest regions of the United States.
5. Getty Realty Corp has had a tumultuous history, including a major legal battle with its former tenant, the Getty Petroleum Marketing Company, in the early 2000s. This led to the company’s bankruptcy filing in 2011.
6. In 2012, Getty Realty Corp became publicly traded on the New York Stock Exchange under the ticker symbol GTY.
7. In recent years, the company has expanded its portfolio to include non-gas station properties, such as retail and office spaces.
8. Getty Realty Corp has received numerous accolades, including being named one of America’s 100 Most Trustworthy Companies by Forbes Magazine in 2014.
9. The company is committed to sustainability and has implemented various environmentally-friendly practices, such as installing electric vehicle charging stations at some of their properties.
10. In 2015, Getty Realty Corp celebrated its 60th anniversary, marking six decades of successful real estate investments and operations.
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