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Getty Realty closes USD 260.9 million sale-leaseback deal for 41 Refuel convenience stores

PUBT·09/22/2026 20:10:56
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Getty Realty closes USD 260.9 million sale-leaseback deal for 41 Refuel convenience stores
  • Getty Realty closed a USD 260.9 million sale-leaseback with Refuel, acquiring 41 convenience stores under four 20-year unitary net leases.
  • Portfolio spans South Carolina, North Carolina, Texas, Mississippi; leases include five-year rent escalators and multiple renewal options.
  • Refuel becomes the third-largest tenant at about 7.7% of annualized base rent on a pro forma basis.
  • Funding plan targets leverage neutrality using forward equity proceeds, a committed USD 200 million unsecured term loan, property sales.
  • Year-to-date investment reached USD 455.2 million at a 7.1% initial cash yield; committed pipeline exceeds USD 125 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Getty Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609221610PRIMZONEFULLFEED9831810) on September 22, 2026, and is solely responsible for the information contained therein.