Highlights

• 15 Year Absolutee NNN Lease with Increases
• Number One Chrysler-Jeep Dealer in West Virginia
• Great Location at I-64 and US Route 60

• Franchisee Family has Over 35 Years Experience in Multiple Locations
• Located Near Marshall University (16,000 Students) and Huntington Regional Mall (West Virginia's Largest)

Description

Tri-State Chrysler Jeep is the number one Chrysler Jeep Dealer in the State of West Virginia. The property consists of a beautiful 25,000 square foot showroom as well as a 13,000 square foot collision center located at the intersection of I-64 and US Route 60 in Huntington. The store, remodeled per Chrysler's new specifications in 2000, has been consistantly profitable and has operated in the same location since 1970. Furthermore, the franchisee's family has been in the dealership business in multiple locations for 35 years. The property is being offered free of debt with a new 15 year, absolute NNN lease that includes 10% increases every five years.

Tri-State Chrysler Jeep is located at the intersection of I-64 and US Route 60 in Huntington, West Virginia. Huntington is part of the Huntington-Ashland MSA, which includes over 250,000 people and covers parts of West Virginia, Ohio and Kentucky. The city is the home of Marshall University (16,000 students) -
a division I university with a well-reknowned medical school, MBA program and Engineering School. The university has helped to foster the development of a growing bio-tech economy and property values in the area have been steadily appreciating, according to a recent Money Magazine study. Also located near the property is Huntington Regional Mall (West Virginia's largest mall), Merritt Creek, Super Wal-Mart as well as other strip centers.