Getty Realty Is Getting Risky – The Good And The Bad

Summary:

• Getty Realty is a triple-net lease REIT focused on service-oriented properties.
• The Company has some impressive business metrics in terms of occupancy rate, rent escalations, and WALT.
• There are some noticeable risks accompanying GTY (high tenant concentration and significant debt maturities upcoming in 2025/2026).
• GTY has been outperformed by some REITs operating within similar property sector, which are not accompanied by such risk factors – there are better alternatives.

Investment thesis

Each investor’s capital is limited, and so is mine. Therefore, I prefer to allocate it to key industry players with clear growth prospects, elite business metrics, strong balance sheets, and unique value drivers.

While Getty Realty Corp. (

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADC, NNN, O either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information, opinions, and thoughts included in this article do not constitute an investment recommendation or any form of investment advice.

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