Jon Bon Jovi Lists Nashville Broadway Bar for $130 Million Sale
Jon Bon Jovi Lists Nashville Broadway Bar for $130 Million Sale

Jon Bon Jovi Lists Nashville Broadway Bar for $130 Million Sale

News summary

Jon Bon Jovi's Nashville bar, JBJ's Nashville, located on the famed Broadway street in Nashville, has been listed for sale just over a year after its June 2024 opening, with an asking price of $130 million. The five-story venue, one of the largest on Lower Broadway, features eight bars, five floors, three stages, two rooftop decks—including the highest rooftop bar on Broadway—along with amenities such as a tattoo shop and a mechanical bull, all decorated with Bon Jovi memorabilia. The bar is structured as a 20-year NNN sale-leaseback with 2% annual rental increases, making it a significant commercial real estate opportunity in a major entertainment corridor. Despite its short operation period, JBJ's Nashville has hosted notable live performances, including a surprise set by Bon Jovi himself and an infamous incident involving Kid Rock. While it remains unclear why the bar is being sold so soon, the venue is co-owned by Jon Bon Jovi and BPH Hospitality and is situated in a prime location with entrances on both Broadway and 4th Avenue. The building's design adheres to the city's Broadway Historic Preservation Overlay, ensuring it fits with the surrounding architecture.

Story Coverage
Bias Distribution
100% Left
Information Sources
bfb2a97b-336e-48d9-b69a-147df7862dc2
Left 100%
Coverage Details
Total News Sources
1
Left
1
Center
0
Right
0
Unrated
0
Last Updated
17 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

27Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News