Christopher Constant, president and CEO of Getty Realty Corp. (NYSE: GTY), sat down for a video interview during Nareit’s REITworld: 2025 Annual Conference in Dallas, Dec. 8–11.
Constant discussed how Getty enters 2026 with strong operating fundamentals and solid growth momentum. In 2025, the company’s in-place portfolio saw 100% occupancy, near-perfect rent collection, and tenant rent coverage around 2.6x. These results reflect durable consumer trends favoring convenience, speed, and service across Getty’s core property types, including convenience stores, car washes, auto service, and drive-through QSR, he explained.
Investment activity topped $235 million in 2025, led by meaningful expansion in auto service—particularly collision centers—where industry consolidation and new store development are creating attractive opportunities. Getty also completed a $100 million community store transaction in Houston with a leading regional operator and had a record year in drive-through QSR investments, emphasizing double drive-through lanes and mobile ordering.
Looking ahead, Getty expects steady same-store rent growth of roughly 1.8%, supplemented by acquisitions, to support another solid year in 2026. Key sector trends include larger, more food-focused convenience stores; disciplined, profitability-oriented growth in car washes; and continued emphasis on mobile-first, drive-through-heavy QSR formats.