GETTY REALTY CORP /MD/ Files SEC Form 10-K

Getty Realty Corp., a net lease Real Estate Investment Trust (REIT) focused on single-tenant retail properties such as convenience and automotive services, reported strong financial outcomes in its 2024 10-K filing. The REIT recorded $198.7 million in rental revenues and increased net earnings to $71.1 million, with earnings per share rising to $1.26. The company continues to pursue growth through strategic acquisitions, investing $209 million in new properties, including express tunnel car washes and convenience stores, and has enhanced its portfolio with redevelopment projects. Despite facing competitive market conditions and operational risks, Getty Realty is committed to expanding its footprint while adhering to REIT regulations, ensuring financial stability to meet future growth needs. The company also emphasizes sustainability and employee engagement as part of its corporate strategy.

GETTY REALTY CORP /MD/ Files SEC Form 10-K

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