405 Broadway - Bar FOR SALE


Nashville, TN 37203- The District
$130,000,000 USD
207-272-2425
405 Broadway, Nashville, TN for Sale
$130,000,000 USD
Bar - FOR SALE
1/6
null | 4.96% Cap Rate

405 Broadway
Nashville, TN 37203
The District


HIGHLIGHTS

  • Twenty-Year Triple Net (NNN) Sale Leaseback
  • Brand New Development
  • Celebrity-Backed Brand
  • Outstanding Real Estate
  • Robust Urban Demographics
  • Prime Location in Nashville’s Entertainment District

OVERVIEW

Nashville’s iconic Lower Broadway continues to be a significant driver of the city's tourism and economy. In 2023, the area attracted a record-breaking 16.8 million visitors, marking a 4% increase from the previous year. These visitors contributed to an impressive $10.56 billion in consumer spending, underscoring Broadway's role as a central entertainment and hospitality destination. The consistent growth in both foot traffic and spending highlights Broadway's appeal and its importance to Nashville's vibrant tourism industry.

FOR SALE DETAILS

PRICE

$130,000,000 USD

PRICE/SF

$3,536 USD /SF

CAP RATE

4.96%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

JBJ’s Nashville

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

DTC

APN/PARCEL ID

093-06-4-109-00

ASK ABOUT THIS PROPERTY

Christopher UrbanSurmountMore Info
207-272-2425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Christopher UrbanSurmountMore Info
207-272-2425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.