SAN DIEGO, March 6, 2023 /PRNewswire/ -- Realty Income Corporation ((Realty Income, NYSE: O ), The Monthly Dividend Company ®, today announced that it has signed a definitive agreement to acquire up to 415 single-tenant convenience store properties located in the U.S. from EG Group, a leading independent convenience retailer based in the United Kingdom. The portfolio is expected to be acquired at an estimated cap rate of approximately 6.9% and have a 20-year weighted average initial lease term.