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Remodeled Furniture Retail Net Lease
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425 W Gibson St, Jasper, TX 75951

Recently remodeled Ashley Furniture Homestore in fee-simple sale, leased on an early 10-year net lease extension with renewal options.

Property SizeContact for details
Days on Market135

Property Features for 425 W Gibson St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Caroline Pinkston · License #601565
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

Jones Lang LaSalle Americas, Inc. (JLL) is pleased to offer for sale the fee-simple interest in a recently remodeled Ashley Furniture Homestore (recently rebranded to “Ashley”) at 425 W Gibson St in Jasper, TX. The property reflects the tenant’s “Ashley 7.0” store concept, focused on updated visual display and merchandising offerings.

Ashley has operated at this location since the early 2000s and recently affirmed its long-term commitment through an early 10-year net lease extension with three, five-year renewal options. The lease includes 5.0% rent increases every five years and calls for minimal landlord responsibilities.

The offering is presented as the only traditional furniture store in the city, with the next nearest national furniture store more than 50 miles away, per the seller’s remarks. The asset is being marketed as a long-term cash flow investment backed by an established, global brand.

Key Highlights

  • Fee‑simple sale of a recently remodeled Ashley Furniture Homestore in Jasper, TX
  • Ashley has operated at the location since the early 2000s
  • Early 10‑year net lease extension with three, five‑year renewal options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Law Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 75951, TX

14,370
Population
7,664
Households
1.9
Avg Household Size
43
Median Age
13%
College-Educated
90%
High-School Grad
372.7 sq mi
ZIP Area
39
Density / Sq Mi
$47,873
Median Household Income
$29,341
Median Earnings
$867
Median Rent
$125,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Recently remodeled Ashley Furniture Homestore in fee-simple sale, leased on an early 10-year net lease extension with renewal options.
Where is this retail space located?
The property is located at 425 W Gibson St Jasper, TX.
What are key features of this property?
This property features: Fee‑simple sale of a recently remodeled Ashley Furniture Homestore in Jasper, TX; Ashley has operated at the location since the early 2000s; Early 10‑year net lease extension with three, five‑year renewal options
(312) 782-5800 Call to check price and availability
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