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Retail Space
For Sale
$87,000,000

209 Broadway, Nashville, TN 37201

Retail space near a pedestrian bridge connecting to the revitalized East Bank and the Music City Star transit stop.

Property Size31,319 SF
Price / SF$2,777
Days on Market60

Property Features for 209 Broadway

General Information

Standard status Active
Size 31,319 SF
Property subtype Retail
Listed By: Paul Gaither
Source: Cbre
Added: Jul 29 Changed: Sep 19 Last Checked: Sep 24 at 6:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paul Gaither

Investment Insights

Based on property information with market context.

This retail space at 209 Broadway benefits from built-in pedestrian connectivity to the East Bank, with a nearby pedestrian bridge that connects to the Music City Star transit stop.

The immediate area has seen new and expanding destinations that can drive regular foot traffic along Broadway, including Chief’s, Category 10, and Draft Kings/PBR. The corridor is also supported by the revitalization of 2nd Ave and a planned Songteller hotel on Commerce.

Additional nearby parking lot development is anticipated, including the lots at 205 Broadway and behind 105 Broadway, which may further influence access and activity in the immediate area.

Key Highlights

  • Near a pedestrian bridge connecting to the revitalized East Bank and the Music City Star transit stop
  • Area destinations include Chief’s, Category 10, and Draft Kings/PBR
  • 2nd Ave revitalization and a planned Songteller hotel on Commerce support increased activity

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Mobile Phone Store Barber Shop Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,057
Businesses Nearby
221k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 80% Dining 9% Shops & Services 8% Apparel 4%
Renaissance Nashville Hotel Hotels & Casinos
33,535 visits/mo 0.3 miles
Embassy Suites By Hilton Nashville Downtown Hotels & Casinos
28,029 visits/mo 0.4 miles
Hyatt Place Nashville Downtown Hotels & Casinos
16,975 visits/mo 0.3 miles
Shell Shops & Services
16,600 visits/mo 0.4 miles
Holiday Inn & Suites Nashville Downtown - Broadway, an IHG Hotel Hotels & Casinos
15,444 visits/mo 0.4 miles

Demographics for 37201, TN

2,448
Population
1,525
Households
1.6
Avg Household Size
36
Median Age
73%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
8,160
Density / Sq Mi
$88,438
Median Household Income
$75,952
Median Earnings
$1,944
Median Rent
$391,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space near a pedestrian bridge connecting to the revitalized East Bank and the Music City Star transit stop.
Where is this retail space located?
The property is located at 209 Broadway Nashville, TN.
What is the asking price?
The asking price for this property is $87,000,000.
What are key features of this property?
This property features: Near a pedestrian bridge connecting to the revitalized East Bank and the Music City Star transit stop; Area destinations include Chief’s, Category 10, and Draft Kings/PBR; 2nd Ave revitalization and a planned Songteller hotel on Commerce support increased activity
More about this property
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