Phillips 66

Stock Price
Tenant News
Average Cap Rate Trend
6.25%
2020
6.0%
2021
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$1,500,000
Avg. Annual Rent$120,000
Avg. Price/ SF$400/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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Tenant Description

The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. The company is engaged in producing natural gas liquids (NGL) and petrochemicals. It began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX.

What To Look For When Buying A Phillips 66

Environmental Issues

Competition

7 – Eleven

What Is Sold In A Phillips 66

Gas & Convenience Store Items

Phillips 66 Website

https://www.phillips66.com/

Corporate Office Location

 Phillips 66 P.O. Box 421959 – Houston, TX 77242

Fast Facts

Phillips employs 14,000+ people worldwide and is active in 65+ countries.

Phillips was ranked No. 23 on the Fortune 500 list and No. 67 on the Fortune Global 500 list in 2018

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