Getty Realty Corp. (NYSE: GTY) announced today its financial and operating results for the quarter ended September 30, 2025. Base rental income grew 11.1% to $52.1 million, up from $46.9 million in the same period a year earlier, driven by new acquisitions and contractual rent increases.
During the quarter the company invested $56.3 million at an 8.0% initial cash yield, and after the quarter it invested an additional $103.4 million at a 7.8% yield, bringing year‑to‑date investment activity to $236.8 million at a 7.9% yield. The investment pipeline as of October 22, 2025 exceeds $75 million for 22 properties.
The company sold one property for $1.8 million in gross proceeds, recording a $0.3 million gain, and sold six properties during the nine‑month period for $5.5 million in gross proceeds, recording a $2.2 million gain.
As of September 30, 2025, total indebtedness stood at $940 million, comprising $750 million of senior unsecured notes and $190 million on its revolving credit facility. The company also settled approximately 1.2 million shares for $32.5 million and entered new forward sale agreements for 1.0 million shares. In light of year‑to‑date activity, Getty raised its 2025 AFFO guidance to $2.42–$2.43 per diluted share from the prior $2.40–$2.41 range.
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