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425 W Gibson St
Jasper, TX 75951
Ashley Furniture Homestore · Retail Property For Sale
Investment Highlights
- Double Net Lease Ashley Furniture Homestore With 8+ Years Remaining on Primary Term
- Attractive Rental Increases of 5% Every 5 Years Built Into Lease Structure
- Situated Directly on US 190 Highway With 14,900+ VPD Passing Directly in Front of Subject Property
- Store is Currently Open and was Recently Upgraded to Ashley’s New 7.0 Store Model
- Located 19 Miles Away From Sam Rayburn Reservoir Which is Visited by Thousands of Vacationers Each Year
- Numerous National Tenants Located Nearby Including Walmart, Dollar Tree, Brookshire Brothers, Jack in the Box, Burger King, and More
Property Facts
Property Type
Retail
Property Subtype
Building Size
34,452 SF
Building Class
C
Year Built/Renovated
1996/2023
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
2.44 AC
Zoning
none
Parking
25 Spaces (0.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 000008053300 | Improvements Assessment | $1,322,926 |
| Land Assessment | $195,798 | Total Assessment | $1,518,724 |
Property Taxes
Parcel Number
000008053300
Land Assessment
$195,798
Improvements Assessment
$1,322,926
Total Assessment
$1,518,724
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