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 Features for 425 W Gibson St
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Based on property information with market context.
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
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Trade Area within ½ mile
Demographics for 75951, TX
Market
Vacancy Rate% for Retail in South region