Sunoco is on a New York buying tear, snapping up 48 gas stations and convenience stores across the state in its latest deal, beefing up the Dallas-based distributor's push into northeastern retail. The purchase is one in a string of smaller acquisitions that together total roughly 140 locations so far in 2026, keeping the company on a fast growth track.
As reported by CoStar, the 48-store package includes properties formerly affiliated with Capitol Petroleum Group and was one of three separate deals Sunoco has completed this year. According to the outlet, those three transactions combined delivered about 140 locations to Sunoco in 2026.
Who sold the sites
The parcels were traced to Capitol Petroleum Group, a Springfield, Virginia wholesaler that supplies and manages stations across the Washington, D.C. and New York City regions. Capitol Petroleum Group notes on its website that it supports dealer operations and branded sites in the five New York boroughs, indicating the stores came out of an established regional network.
Part of a larger growth push
Sunoco's recent filings show the company has been combining big-ticket transactions with bolt-on retail purchases as it rebuilds scale in U.S. and international markets. The Sunoco LP 2025 annual report documents larger moves such as the Parkland acquisition alongside a series of smaller site and consignment purchases that continued into 2026.
What New Yorkers might notice
For drivers and neighborhood customers, the change in ownership could be invisible at first, since many convenience-store deals simply swap out the corporate landlord while keeping local operators, fuel pumps, and store hours the same. CoStar notes that Sunoco "owns or leases about 1,300 locations in the United States," a reminder that these incremental buys plug into a much larger national retail footprint.
What to watch next
Sunoco has not released a site-by-site breakdown of the New York portfolio yet, so customers and community groups may need to watch for posted in-store notices or local permit filings that hint at operator changes or rebranding. Industry watchers will be combing future company disclosures and municipal records to see whether Sunoco opts for rebrands, conversions to company-operated locations, or shifts in supply agreements at the newly acquired stores.
