425 W GIBSON ST Jasper TX 75951-4905

Introducing ASHLEY FURNITURE located at 425 W Gibson Street, Jasper, TX 75951. This prime property offers a lucrative investment opportunity with a net lease in place. **Key Features:** - Strong tenant with a well-known national brand - Favorable lease terms with stable rental income - Excellent location in a high-traffic area - Proximity to major highways and popular amenities - Potential for long-term capital appreciation Don't miss out on the chance to add ASHLEY FURNITURE to your investment portfolio. Take advantage of this turnkey investment with a reliable tenant in a thriving market. Contact us today to learn more about how this property can boost your real estate investment portfolio.

INVESTMENT HIGHLIGHTS:

• 1996 Build to Suit for Ashley | Exterior and Interior Renovations in 2023 to Align With New Company Branding

• 34,542-SF Building on a +/-2.44 Acre Parcel

• In 2023-24, Landlord and Tenant Collectively Invested Approximately $250,000 for Building Renovations and Replaced a Portion of the Roof, Which is Covered By a Transferable Warranty

• Double Net Lease With Minimal Landlord Responsibilities

• 5% Rental Increases Every 5 Years and in Each of Three, 5-Year Renewal Options

  TENANT HIGHLIGHTS:

• Ashley Has 1,100+ Furniture Store & Showroom Locations Across 67 Countries

• The Ashley Parent Company, Ashley Furniture Industries, is the World’s Largest Home Furniture Manufacturer

• Ashley Sells a Variety of Whole Home, Outdoor, Baby and Office Furniture. In Addition to Mattresses, Rugs and Home Decor Items

  LOCATION HIGHLIGHTS:

• Excellent Location: Located Along a Dense Retail Corridor Leading into Downtown Japser

• High Visibility Along US-190/W Gibson Street With 18,700+ Vehicles Per Day

• Easy Access From Both Traffic Directions Near a Signalized Intersection with a Center Turn Lane

• Proximity to Multiple National Tenants Including Walmart Supercenter, Lowe’s, Tractor Supply, Harbor Freight, McDonald’s, Whataburger, Taco Bell, Sonic, Holiday Inn, Best Western, AT&T, Walgreens, AutoZone and More

• Adjacent to Christus Health Jasper Memorial Hospital

• 1.5 Miles From Downtown Japser and 16 Miles From Steinhagen Lake, a Popular Recreation Area

• Stable Demographics: Population Has Seen Sustained Growth Since 2000 and is Projected to Continue Increasing by 2028

• Jasper is the County Seat of Jasper County, 70 Miles From Beaumont, Texas and 115 Miles From Downtown Houston