Market Overview

Getty Realty Corp. Acquires Six Properties for $17 Million

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Getty Realty Corp. (NYSE:GTY) (the "Company") today announced the
closing of an acquisition and leasing transaction with a U.S. subsidiary
of Applegreen PLC ("Applegreen"). Under the terms of the transaction,
the Company acquired fee simple interests in six convenience store and
gasoline station properties for $17 million and simultaneously entered
into a unitary lease with a U.S. subsidiary of Applegreen covering all
of the acquired properties.

The properties are all located within the metropolitan market of
Columbia, SC. The lease provides for an initial term of 15 years, with
four five-year renewal options. Rent is scheduled to increase annually
during the initial and renewal terms of the lease.

"We are extremely pleased to increase our footprint in the growing
Columbia, SC market, and expand our relationship with Applegreen, which
began in October 2017 when we acquired a 38-unit portfolio in Columbia,
SC and entered into our initial lease with Applegreen's U.S. subsidiary.
Applegreen is a highly successful operator of convenience store and
gasoline stations with an established network in Ireland and the United
Kingdom, and a growing presence in the U.S.," stated Christopher J.
Constant, Getty's President & Chief Executive Officer. "This transaction
further demonstrates our commitment to growing our portfolio with a
focus on acquiring strong operating real estate and creating shareholder
value."

The Company funded the transaction through funds available under its
revolving credit facility and expects the transaction to be immediately
accretive to net earnings.

Forward-Looking Statements

CERTAIN STATEMENTS CONTAINED HEREIN MAY CONSTITUTE "FORWARD-LOOKING
STATEMENTS" WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995. WHEN THE WORDS "BELIEVES," "EXPECTS," "PLANS,"
"PROJECTS," "ESTIMATES," "ANTICIPATES," "MAY" AND SIMILAR EXPRESSIONS
ARE USED, THEY IDENTIFY FORWARD-LOOKING STATEMENTS. THESE
FORWARD-LOOKING STATEMENTS ARE BASED ON MANAGEMENT'S CURRENT BELIEFS AND
ASSUMPTIONS AND INFORMATION CURRENTLY AVAILABLE TO MANAGEMENT AND
INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS WHICH
MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY
TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR
ACHIEVEMENTS EXPRESSED OR IMPLIED BY THESE FORWARD-LOOKING STATEMENTS.
EXAMPLES OF FORWARD-LOOKING STATEMENTS INCLUDE BUT ARE NOT LIMITED TO
STATEMENTS REGARDING THE EXPECTED ACCRETIVE NATURE OF THE TRANSACTION.

INFORMATION CONCERNING FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL
RESULTS TO DIFFER MATERIALLY FROM THESE FORWARD-LOOKING STATEMENTS CAN
BE FOUND IN THE COMPANY'S PERIODIC REPORTS FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO PUBLICLY
RELEASE REVISIONS TO THESE FORWARD-LOOKING STATEMENTS TO REFLECT FUTURE
EVENTS OR CIRCUMSTANCES OR REFLECT THE OCCURRENCE OF UNANTICIPATED
EVENTS.

About Getty Realty Corp.

Getty Realty Corp. is the leading publicly-traded real estate investment
trust in the United States specializing in the ownership, leasing and
financing of convenience store and gasoline station properties. As of
June 30, 2018, the Company owned 854 properties and leased 78 properties
from third-party landlords in 30 states across the United States and
Washington, D.C.

About Applegreen PLC

Founded in 1992, Applegreen currently operates 274 convenience stores
and gasoline stations in Ireland and the United Kingdom, and has 68
locations in the USA. Applegreen is listed on the Dublin and London
Stock Exchanges. Applegreen has a number of strategic partnerships with
international brands including Burger King, Subway, Costa Coffee,
Greggs, Lavazza, Chopstix, Freshii and 7-Eleven. The company also has
its own food offering through the Bakewell brand.

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