Getty Realty Corp. Provides 2025 Business Update

About this update from Getty Realty Corporation

[{"type":"image","alt":"Getty Realty Corp.","displaySize":"","headline":null,"caption":"Getty Realty Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":75,"url":"https://media.zenfs.com/en/globenewswire.com/fa3b4c88f7540edb262bbb81f4295d9b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3r.RXQMw.JtqZ4Aih2w3ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fa3b4c88f7540edb262bbb81f4295d9b","width":300,"height":75}},"lazy":false},{"type":"text","content":"- Invested $269 Million in Convenience and Automotive Retail Assets -","length":69,"tagName":"p"},{"type":"text","content":"- Introduces 2026 Earnings Guidance -","length":37,"tagName":"p"},{"type":"text","content":"NEW YORK, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, today provided an update on its 2025 investment and capital markets activities. The Company also provided its initial full year 2026 earnings guidance.","length":329,"tagName":"p"},{"type":"text","content":"Investment Activity","length":19,"tagName":"p"},{"type":"text","content":"In 2025, the Company invested approximately $269 million at a 7.9% initial cash yield, including the acquisition of 26 drive-thru quick service restaurants, 25 convenience stores, 12 express tunnel car washes, and 10 auto service centers.","length":238,"tagName":"p"},{"type":"text","content":"For the quarter ended December 31, 2025, the Company invested approximately $135 million at a 7.9% initial cash yield, including the acquisition of 15 convenience stores, six auto service centers, and two express tunnel car washes.","length":231,"tagName":"p"},{"type":"text","content":"As of December 31, 2025, the Company had a committed investment pipeline of more than $75 million for the development and acquisition of 28 convenience and automotive retail assets. The Company expects to fund the majority of this investment activity, which includes multiple transactions with 12 different tenants, over approximately the next 3-12 months. While the Company has fully executed agreements for each transaction, the timing and amount of each investment is dependent on its counterparties and the schedules under which they complete certain development projects and business...

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