Phillips 66

• 18.25-Years remaining on the base term of a 20-year lease
• Absolute NNN lease with zero landlord responsibilities
• Attractive 2% annual rent increases
• Subject property qualifies for bonus depreciation (consult your CPA for confirmation)
• 5-Mile Population in excess of 255,622 residents
• Extremely strong average household income of $142,726 annually
• Houston is the #1 fastest growing MSA in the United States and the 4th largest city by population
• Texas is an income tax-free state
• Nearby national tenants include Target, Walmart, Chick Fil A, The Home Depot, McDonald’s, Raising Cane’s, and many more
• Corporately guaranteed lease from Diamond Jubilee Management (80+ Unit Operator)