Ashley Home Furniture - Jasper, TX

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.​