Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 106

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 106
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,080

We own or lease properties located in Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. We also distribute fuel to sites located in South Dakota and Vermont. Our site count includes those involved in our retail and wholesale segments. As of December 31, 2024, our wholesale and retail segments operate in 33 and 27 states, respectively.

The following table provides a summary of our sites acquired, changes between customer groups or sold during 2024:

    LesseeDealers

    CompanyOperated

    CommissionAgents

    Total

    Number at beginning of year

    632

    296

    188

    1,116

    Acquired

    1

    —

    —

    1

    Changes between customer groups

    (110
    )

    72

    38

    —

    Divested

    (29
    )

    (3
    )

    (5
    )

    (37
    )

    Number at end of year (a)

    494

    365

    221

    1,080

(a)Excludes independent commission sites and includes sites where we collect rent but to which we do not distribute motor fuel as well as closed sites.

Our principal executive offices are in Allentown, Pennsylvania in approximately 37,000 square feet of leased office space.

37

ITEM 3. LEGAL PROCEEDINGS

We are from time to time party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of business. These actions typically seek, among other things, compensation for alleged personal injury, breach of contract, property damages, environmental damages, employment-related claims and damages, punitive damages, civil penalties or other losses, or injunctive or declaratory relief. With respect to all such lawsuits, claims and proceedings, we record an accrual when it is probable that a liability has been incurred and the amount of loss can be reasonably estimated. In addition, we disclose matters for which management believes a material loss is at least reasonably possible. We believe that it is not reasonably possible that these proceedings, separately or in the aggregate, will have a material adverse effect on our