What is the asking price for Ashley Home Furniture - Jasper, TX?

The lease rate for space here is Contact for pricing.

What is the total size of Ashley Home Furniture - Jasper, TX?

The property has a total square footage of 34,452 SF.

When was this property built?

Ashley Home Furniture - Jasper, TX was built in 1996.

How many parking spaces are available at Ashley Home Furniture - Jasper, TX?

Parking information for the property isn't currently listed.

425 W Gibson St, Jasper, TX 75951

For Sale $2,820,000
Property Type Other
Property Size 34,452 SF
Lot Size 2.44 SF
Year Built 1996
Date Updated Jun 27, 2026

Description

Colliers is pleased to offer the opportunity to purchase a Ashley's Home Furniture located at 425 W. Gibson Jasper, TX 75951

This is a 6 year Franchise guaranteed lease with Ashley's Home Furniture. This is a passive investment, as Ashleys executed an NN lease offering minimal landlord responsibilities or expenses. There are 5% rental increases every 5 years with the next bump coming on November 1st, 2027 in the base term of the lease and in each of the 3, five-year options to renew.

The property is located along W Gibson Street (US-190) in Jasper, Texas, benefiting from strong visibility and accessibility in the city's primary retail corridor. The subject property is strategically positioned near major regional thoroughfares and serves as a key commercial destination for the surrounding trade area. The site benefits from consistent traffic flow generated by local residents, regional commuters, and travelers passing through East Texas. Additionally, the property is located within the Beaumont–Port Arthur DMA, providing access to the broader Southeast Texas media market.

The property is offered at $2,820,000 which translates to a 7.00% cap rate.