Tenant Solvency Risk: Getty Realty's performance is highly dependent on the financial health and creditworthiness of its individual tenants, primarily gas station and convenience store operators, and the failure or default of a major tenant could significantly impact rental income and property values.

Environmental Liability Risk: As an owner of properties with a history of petroleum storage and handling, GTY faces inherent risks of environmental contamination, requiring potentially substantial remediation costs and compliance with evolving environmental regulations.

Interest Rate Sensitivity Risk: Fluctuations in interest rates can negatively affect Getty Realty's borrowing costs for acquisitions and refinancing, impact the valuation of its properties, and influence its ability to generate attractive returns on investment.