Formed in 2012, CrossAmerica Partners LP operates through two primary segments: Wholesale and Retail. The Wholesale segment distributes motor fuel to lessee dealers, independent dealers, and commission agents, leveraging long-term supply relationships with major oil brands. The Retail segment operates convenience stores and sells motor fuel directly to consumers at company-operated sites. In addition to fuel distribution, the partnership generates rental income by leasing its extensive portfolio of approximately 1,100 owned or leased real estate properties to retail operators. The company's integrated model combines rack-priced fuel distribution with property ownership to stabilize revenue and support its distribution yield.
