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Jon Bon Jovi's - Nashville
405 Broadway, Nashville, TN 37203, USA
Available Now
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FOR SALERetail / Bar Nightclub
Cap Rate
4.96%
NOI
$6,443,525
Building Size
36,767SF
Lot Size
0.16AC
Year Built
2024
Tenancy
Single Tenant
Listing Contacts
More property details
Currently Leased
No
Investment
Sale/Leaseback
Ownership
Fee Simple
Location
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Jon Bon Jovi's - Nashville
About the location
JBJ’s Nashville is a 36,767 SF, five-story Class A restaurant, bar, and entertainment venue featuring top-tier finishes and amenities. The property includes a state-of-the-art service basement with a fully built-out, multi-million-dollar industrial kitchen—the largest full-service kitchen on Broadway. Opened in June 2024, the venue has dual frontage on Broadway and Fourth Avenue. Following two years of entitlement and site preparation, 405 Broadway became the first ground-up development on Lower Broadway since 2018. Designed to be a flagship destination on one of America’s busiest streets, the property delivers an initial net operating income of $6,443,525, with annual increases of 2.00%.
Location highlights
- Thriving Economic Sector | Nashville’s economy is powered by state government, higher education, and healthcare. Institutions like Vanderbilt, Belmont, and Tennessee State fuel a skilled workforce, while government and healthcare provide lasting stability and growth.
- Twenty-Year NNN Sale Leaseback | Triple-net lease structure with the tenant covering all expenses, offering the landlord a truly passive, predictable income stream.
- Brand-New Development | JBJ’s Nashville, fronting Broadway and Fourth Avenue, is the first ground-up project on Broadway since 2018 after two years of site preparation.
- Celebrity-Backed Brand | Jon Bon Jovi partnered with Big Plan Holdings and a Nashville real estate firm to develop this premier Lower Broadway venue.
- Prime Real Estate | Located on Broadway, attracting 15 million visitors annually, and steps from top attractions like Bridgestone Arena, Nissan Stadium, Music City Center, and the Country Music Hall of Fame.