Remodeled Furniture Retail Net
425 W Gibson St Jasper, TX 75951
425 W Gibson St, Jasper, TX, 75951
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For Sale
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Recently remodeled Ashley Furniture Homestore in fee-simple sale, leased on an early 10-year net lease extension with renewal options.
Days on Market102
Property Features for 425 W Gibson St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
JLL - Dallas | Cedar Springs, Texas
(312) 782-5800
Listed by
Caroline Pinkston · License #601565
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 9:33PM Checked: Jul 20 at 9:33PM
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.
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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
