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 2% annual increases starting year 1. 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 boasted massive EBTIDA and revenues in 2023 and will continue to be show extremely healthy EBITDAR coverage going forward.