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Stock impact report

Getty Realty acquires 12 convenience stores in Houston, Texas [Yahoo! Finance]

Getty Realty Corporation (GTY) 
Last getty realty corporation earnings: 2/26 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.gettyrealty.com/presentations
Company Research Source: Yahoo! Finance
The publicly traded net lease real estate investment trust (REIT) purchased the stores in a sale-leaseback deal with privately-owned regional convenience store chain Now & Forever. The acquired properties, each averaging more than 8,000ft², are situated on prominent corners of major retail corridors in Houston's West and Southwest submarkets. The stores offer branded or private label made-to-order food. Getty Realty also reached a long-term unitary net lease with a subsidiary of Now & Forever. The lease carries an initial term of 15 years, along with several renewal options and scheduled rent hikes every five years. Getty Realty focuses on acquiring, financing and developing single-tenant retail properties, including convenience stores and automotive sites. As of 30 June 2025, its portfolio included 1,137 freestanding properties spanning 44 US states and Washington DC. Through the year to October, Getty Realty invested $233m in convenience and automotive retail assets a Show less Read more
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