UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  July 31, 2018

GTJ REIT, INC.

(Exact name of registrant as specified in its charter)

 (516) 693-5500

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_____________________________________________________________________________________________________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01Entry into a Material Definitive Agreement.

On July 31, 2018, GTJ REIT, Inc. (the “Company”), the Company’s operating partnership, GTJ Realty, LP (the “Borrower”), and certain subsidiaries and/or affiliates of the Company (together with the Company, the “Guarantors”) entered into a Fourth Amendment to Credit Agreement and Other Loan Documents (the “Fourth Amendment”) with KeyBank National Association (“KeyBank”) and the other lending institutions (together with KeyBank, the “Lenders”) from time to time party to that certain Credit Agreement (the “Credit Agreement”), dated as of December 2, 2015, as amended by that certain First Amendment to Credit Agreement, dated as of June 30, 2016, that certain Second Amendment to Credit Agreement and Other Loan Documents dated as of July 27, 2017, and that certain Third Amendment to Credit Agreement and Other Loan Documents dated as of February 27, 2018.

The Fourth Amendment reduces the total commitment under the Credit Agreement from $55 million to $50 million and removes restrictions on refinancing certain indebtedness related to specific real estate.  The Fourth Amendment also reduces the applicable margin for LIBOR rate loans and base rate loans by 50 basis points (bps).  The base rate loans will bear a base rate of interest calculated as the greater of: (a) the fluctuating annual rate of interest announced from time to time by Key Bank as their “prime rate,” (b) 50 bps above the rate announced by the Federal Reserve Bank of Cleveland (or Federal Funds Effective Rate), or (c) LIBOR plus 100 bps. The LIBOR rate loans will bear interest at a rate of LIBOR plus 250 to 300 bps, depending upon the overall leverage of the properties.

The Fourth Amendment extends the maturity date under the Credit Agreement from June 30, 2019 to June 30, 2020.  The Fourth Amendment also amends certain ancillary documents to the Credit Agreement, including a form of Mortgage, a form of Assignment of Leases and Rents and a Guaranty among the Guarantors, Key Bank and the other Lenders.

The foregoing descriptions of the Fourth Amendment and other related agreements do not purport to be complete and are qualified in their entirety by reference to the full texts of such agreements.

Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K that relates to the creation of a direct financial obligation of the Company is incorporated by reference herein.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.