Rising five stories above the electric pulse of Lower Broadway, JBJ's Nashville at 405 Broadway stands as one of the most remarkable commercial real estate offerings in Tennessee. Located in the heart of Nashville's most visited entertainment district, this Class A retail and entertainment venue is co-owned by rock icon Jon Bon Jovi in partnership with a Nashville real estate firm — a celebrity-backed brand that adds both cultural cachet and proven drawing power to an already exceptional asset.
JBJ's Nashville is a 36,767 square foot, five-story, full-service restaurant, bar, and entertainment venue that opened for business in June 2024. The property features frontage on both Broadway and Fourth Avenue, and boasts a state-of-the-art service basement housing the largest full-service kitchen on Broadway — a multi-million-dollar industrial build-out that sets the venue apart operationally from every competitor on the strip. Following two years of entitlements and site work, 405 Broadway became the first ground-up development on Lower Broadway since 2018.
The investment structure is equally compelling. The property is offered as a twenty-year Triple Net (NNN) sale leaseback, meaning the tenant is responsible for property taxes, insurance, and maintenance costs — providing investors with a passive, long-term income stream from day one. The net operating income is set at $6,443,525 initially, with annual increases of 2.00%, offering predictable, inflation-adjusted returns over the lease term.
Broadway draws an estimated 16.8 million visitors annually, and 405 Broadway sits squarely at its epicentre. Nashville's broader economy is anchored by three robust pillars — state government, higher education, and healthcare — providing the stable economic foundation that underpins strong hospitality and retail performance. The property scores 80 out of 100 for walkability, 90 out of 100 for driveability, and 70 out of 100 for public transit access, reflecting its exceptional connectivity across Downtown Nashville. Nearby landmarks include Bridgestone Arena, Music City Center, and a dense cluster of hotels, restaurants, and entertainment venues.
Listed at $130,000,000 ($3,535.78 per square foot) with a 4.96% cap rate, JBJ's Nashville represents a rare opportunity to acquire a brand-new, celebrity-anchored, Class A entertainment asset on one of the most visited streets in the United States — backed by a long-term NNN lease that delivers reliable, escalating income for decades to come.
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