Getty Realty acquires 12 convenience stores in Houston, Texas

Getty Realty has completed the acquisition of 12 convenience stores in Houston, in the American state of Texas, for $ 100 million.

The net real estate investment trustee (reit) of net lease marketed in a sales sales agreement with the regional store chain of private sales now and forever.

The acquired properties, each with average of more than 8,000 feet², are found in prominent corners of the main retail corridors in the submarkets of Houston West and Southwest.

The stores offer brand or private label made on request.

Getty Realty also reached a long -term net net lease with a now & Forever subsidiary.

The lease has an initial period of 15 years, together with several renewal options and programmed rental increases every five years.

Getty Realty focuses on acquiring, financing and developing a single -link retail properties, including convenience stores and automotive sites.

As of June 30, 2025, its portfolio included 1,137 independent properties covered by 44 US states and Washington DC.

During the year until October, Getty Realty invested $ 233 million in retail and automotive retail assets with an initial cash of 7.9%, including $ 56 million in the quarter that ended on September 30.

In the second quarter of 2025, the company registered net profits per share (EPS) of $ 0.24.

The president and CEO of Getty, Christopher J, Constant declared: “We are experiencing a positive impulse in our business, including the identification of new investment opportunities, increasing our earnings orientation of 2025 per year and an increase in the greatest rental of tenant rental. Combined with our strong balance and liquidity position, we are well positioned for the second half of 2025.”

“Getty Realty acquires 12 convenience stores in Houston, Texas,” was originally created and published by Retail Insight Network, a brand owned by Globaldata.

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