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Lucky Bastard Saloon

Nashville, Tennessee

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  • The NNN Pro Group is pleased to present the Lucky Bastard Saloon, an iconic and trophy location on Broadway in the heart of downtown Nashville. The subject property is a 4 story, 15,608 square foot building.
  • The property is subject to an absolute, triple-net lease with 20 years of term commencing at close of escrow. The base rent will be $2,500,000, with 10% annual increases every 5 years. There are four, 5-year option periods.
  • This restaurant/bar benefits from exceptional real estate fundamentals, ideally located on Broadway which experiences roughly 15 million visitors each year. The property is within minutes from Nashville’s largest Event Venues and attractions; Including Nashville Convention Center, Bridgestone Arena, Home to NHL’s Nashville Predators, the 1.2 million square foot Music City Center, Nissan Stadium, Ryman Auditorium and Country Music Hall of Fame.
  • Lucky Bastard Saloon boasts exceptional unit level sales.

Key Details

Price:
$66,500,000
Cap Rate:
3.75%
Annual Rent:
$2,500,000
Address:
408 Broadway, Nashville, Tennessee 37203
Property Type:
Retail
Lease Type:
Triple-Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Upon Close of Escrow
Lease Expiration:
20 Years After Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
10% Every 5 Years, & Throughout Option Periods
Lot Size:
0.36 Acres
Building Size:
15,608 SF
Year Built:
2021
Tenant:
Lucky Bastard Saloon

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Christopher Urban

License: 10401294011

Broker of record

Brian Brockman

Bang Realty-Tennessee Inc.

License: 343847


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