The Yield Hunter Let's make some money and sleep well at night
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Getty Realty Trust
A Retail REIT
Period End 6/30/2008
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Copyrights 2006-2007 SGM Publishing
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Getty Realty Corp. operates as a real estate investment trust
(REIT) in the United States. The company engages in the
ownership and leasing of retail motor fuel and convenience
store properties, and petroleum distribution terminals. The
company's properties are leased or sublet to distributors and
retailers engaged in the sale of gasoline and various motor
fuel products, convenience store products, and automotive
repair services. As of December 31, 2006, the company
owned 836 properties and leased 216 additional properties
in 13 states located principally in the northeast United States.
Getty Realty Corp. elected to qualify as a REIT. As a REIT,
the company would not be subject to federal income tax,
provided it distributes at least 90% of its REIT taxable income
to its shareholders. The company was founded in 1955 and
is headquartered in Jericho, New York.