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Getty Realty: Profitable, Solvent, And Undervalued
GTYGetty Realty (GTY) Seeking Alpha·2024-09-08 21:37

buzbuzzer Getty Realty Corp. (NYSE:GTY), incorporated in 1955 and headquartered in New York, NY, is a net-lease REIT that primarily acquires, finances, and develops convenience and automotive single-tenant retail real estate assets. Despite some risks faced by market concentration and changes in interest rates, GTY has potential. The REIT's portfolio is mostly in markets with lower than average unemployment rates, its tenant base is well-diversified consisting of stable businesses, and its performance in th ...