Remodeled Furniture Retail Net
For Sale
$2,820,000
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 Market147
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:
Chicago - Rosemont
Listed By:
Christian Pera · License #475.182679
(847) 384-2844
Source:
Colliers
Added: Apr 11
Changed: Aug 26
Last Checked: Sep 4 at 2:04AM
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 Chicago - Rosemont
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.
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
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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 is the asking price?
The asking price for this property is $2,820,000.
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
