Getty Petroleum Marketing Inc, operating as Getty Realty Corp. (NYSE: GTY), is a reputable net lease real estate investment trust (REIT) based in Newark, NJ. Specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail properties, Getty Realty Corp. boasts a diverse portfolio of 1,118 freestanding properties across 42 states and Washington D.C.
With an impressive 99.7% occupancy rate and $198 million annual base rent, Getty Realty Corp. focuses on convenience and gas properties, making up 64% of its portfolio, followed by car washes and legacy gas and repair establishments. Their targeted investments are backed by broad capabilities, offering services in acquisitions, redevelopment, financing, and asset management within the convenience and automotive retail sector.
What sets Getty Realty Corp. apart are their deep industry knowledge, strong tenant relationships, and flexible deal structures. This, combined with their investment grade balance sheet and access to public capital markets, positions them as a reliable partner in the real estate market. Overall, Getty Petroleum Marketing Inc stands out for its strategic approach to real estate investment and commitment to delivering value to its stakeholders.
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