Retail Space For Lease @ 616 S Saginaw Blvd

Absolute NNN Pizza Hut in Saginaw, TX. The property is subject to a 15-year lease that commenced on January 1, 2020 with annual rent of $87,000 per year with 1.25% annual rental increases beginning in year six. Additionally, the tenant has four, five-year options to renew. The lease is guaranteed by a 76-unit Pizza Hut entity which is a subsidiary of Ampex Brands Services, Inc which operates various other concepts: KFC, Taco Bell, Long John Silvers, A&W, Tim Hortons, and Pizza Hut. The operator is listed as the 14th best Multi-Brand Franchisee in Franchising.com's 50 Best Brands "Multi-Brand" and operates over 409 locations throughout the continental United States. This space offers accomodations for: restaurant.