Slide 1: NAREIT Presentation June 2015
Exhibit 99.1 NAREIT Presentation June 2015
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements in this Presentation constitute “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are statements that relate to management’s expectations or beliefs, future plans and strategies, future financial p
Slide 3: Investment Highlights
Investment Highlights 1 National Portfolio Targeting Mature, High Growth Markets One of the Leading Owners of Convenience & Gas Retail Outlets, a Stable, yet 2 Growing Sector 3 Long-Term, Triple-Net Leases Enhance Cash Flows 4 Emergence of Increasingly Institutional Quality Credit Tenant Base 5 Ongo
Slide 4: National Portfolio
National Portfolio 932 properties (826 fee, 106 leased) located in 23 states plus Washington, D.C. — 98% occupied — 93%of rentfromcorenet-leasedportfolio/ 7%fromtransitionalproperties(1) 1) Rent figures based on Q1 2015 quarterly results, pro forma for the Company’s recently announced United Oil tra
Slide 5: Investing in Attractive Markets
Investing in Attractive Markets Focus On Mature, High Growth Markets — Significant presence in many of the largest markets in the US — Recent acquisition activity in several of the fastest growing regions of the US Rate of Population Growth (2013 to 2014) Population Change Per 1,000 Population Less
Slide 6: Property Attributes
Property Attributes Mature, Infill Markets — High replacement costs — Limited new development, time consuming zoning restrictions — “Grandfathered” use advantage Prime Locations and Corners — Mature transportation grid — High daily traffic counts — Optimal corners with traffic lights, high visibilit
Slide 7: Stable Sector of Retail Market
StableSectorof RetailMarket(1) C-Store revenue has shown consistent growth, while number of units in service has remained largely constant over the last ten years — More than 152,000properties in the industry (83.5% selling fuel) › Onaveragegasolinesalesaccountfor77%of storesalesand35%of storeprofit
Slide 8: A Consolidating Industry
A Consolidating Industry The growth and overall health of the The Getty Competitive Advantage c-store industry as compared to other sectors of the overall retail market has Proven ability to source off-market resulted in a significant increase in M&A activity transactions — 2014 was a record year fo
Slide 9: Accretive Acquisition of 77 Properties
Accretive Acquisition of 77 Properties $214.5 million Acquisition of 77 Properties in June 2015 — Financed with a combination of long-term fixed rate debt and credit facility borrowings — Tenant is United Oil, a leading regional convenience store and gas station operator › Operates ~400 locations in
Slide 10: Long-Term Triple-Net Leases
Long-Term Triple-Net Leases Sustainable cash flows supported by long-term triple net leases — Proformaforthe UnitedOiltransaction,ourrentweightedaverageleasetermis12.4years(1) Majority of triple-net leases have 15 year initial terms — Contractual rent increases during initial and renewal terms — Cre
Slide 11: High-Quality Tenant Base
High-Quality Tenant Base More than55%of Getty’srentalincomecomesfromhigh-quality,creditworthytenantsbase(1) Noteworthy Tenant Tenants Rank Status % of Total(1) st 1 NYSE:GLP 18.0% nd 2 Fortress Portfolio Company 15.7% th GPMPetroleum, 5 7.1% Parent Co., IPO Filed th Crossamerica Partners, Parent Co.
Slide 12: Stable Balance Sheet
Stable Balance Sheet (1) Revolving Credit Facility Credit Statistics (1) — $175 million senior unsecured Debt to Total Capitalization 38% — Matures in 2018 and has a one year extension option Net Debt to EBITDA 5.5x — LIBOR +195 to 325 based on Company leverage Fixed Charge Coverage 2.7x Weighted Av
Slide 13: Enhanced Operating Results
Enhanced Operating Results Significant increases in AFFO since 2013 — Portfolio Repositioning Activities › Leasing › Dispositions — Acquisitions — Focus on Cost Controls Quarterly AFFO per Share (1) $0.40 $0.35 $0.35 $0.34 $0.33 $0.30 $0.30 $0.28 $0.25 $0.22 $0.19 $0.20 $0.17 $0.15 $0.10 $0.06 $0.05
Slide 14: Rising Dividend Reflecting Portfolio Growth
Rising Dividend Reflecting Portfolio Growth Consistent annual increase in recurring dividends since 2013 — $0.19 per share in special dividends › Litigation settlement › Dispositions Quarterly Dividends Declared per Share $0.40 $0.35 $0.30 $0.14 $0.25 $0.05 $0.20 $0.15 $0.10 $0.20 $0.20 $0.20 $0.20
Slide 15: Management
Management David B. Driscoll, Chief Executive Officer, President, Director — President and Chief Executive Officer since 2010 — Director of Getty since May 2007 and Lead Independent Director from April 2008 until February 2010 — 30 years real estate investment banking and capital markets experience
Slide 16: Investment Highlights
Investment Highlights 1 National Portfolio Targeting Mature, High Growth Markets One of the Leading Owners of Convenience & Gas Retail Outlets, a Stable, yet 2 Growing Sector 3 Long-Term, Triple-Net Leases Enhance Cash Flows 4 Emergence of Increasingly Institutional Quality Credit Tenant Base 5 Ongo
Slide 17: Getty Realty Q&A
Getty Realty Coa UO ini Sav IE an SY Q&A
Slide 18: Appendix: Reconciliation of Net Income to AFFO
Appendix Reconciliation of Net Income to AFFO Quarters Ended 3/2013 6/2013 9/2013 12/2013 3/2014 6/2014 9/2014 12/2014 3/2015 Net earnings $10,350 $12,739 $41,877 $5,045 $9,638 $6,637 $10,235 ($3,092) ($1,137) Depreciation and amortization 2,643 2,409 2,446 2,429 2,323 2,339 3,372 2,515 3,585 Gains