HOUSTON – (Realty News Report) – Getty Realty Corp. closed on the $100 million acquisition of a dozen stores from Houston-based convenience store chain Now & Forever in a sale-leaseback transaction.
Founded in 2005 by brothers Zain and Shayan Farooqi, privately-owned Now & Forever operates 25 convenience stores in the Houston area, selling fuel, snacks, meals, wine, and other merchandise. The acquired properties are located in Houston’s West and Southwest submarkets and average more than 8,000 SF.
The deal significantly expands Getty Realty’s portfolio in one of its biggest markets. At year end, the company owned 100 properties in Texas representing 8.9% of its portfolio.
In conjunction with the purchase, the New York-based company simultaneously entered into a long-term, unitary net lease with a subsidiary of Now & Forever.
Getty Realty’s latest acquisition is part of $233 million in convenience and automotive retail asset investments so far in 2025.
Boilerplate: Getty Realty is a publicly traded, net lease REIT focused on convenience and automotive retail real estate with a portfolio of 1,137 properties in 44 states and Washington, D.C. Its holdings include convenience stores, express tunnel car washes, auto service centers, and drive thru quick service restaurants. The company posted revenues of $203.4 million in 2024.
Oct. 8, 2025 Realty News Report Copyright 2025
Photos: Realty News Report, Copyright 2025
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Central Houston will present the State of Downtown 2025 on Oct. 30 from Noon to 1:30 p.m. Some 1,000 business and community leaders will focus on progress in the heart of the city. NBC Sports soccer analyst Tim Howard, a Hall of Fame goalkeeper, will deliver remarks as Houston prepares to host the 2026 Fifa World Cup Games. The State of Downtown event will be held at the 713 Music Hall at the historic POST Houston, 411 Franklin St. For information: click here.
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File: 12 Houston Convenience Stores Sold in $100M Deal