Broad & Cherry LLC Acquires Retail Building At 408 Broadway In Nashville For $46M

Broad & Cherry LLC acquired a 15,600-square-foot retail building located at 408 Broadway in Nashville, TN. The transaction was completed on June 11, 2026, for a total price of $46 million, translating to $2,949 per square foot. This four-story property was sold by Deville Corp after more than two years on the market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $46 million
• Address: 408 Broadway
• Market: Nashville, TN
• Square Footage: 15,600
• Buyer: Broad & Cherry LLC
• Seller: Deville Corp
• Broker: CBRE

CBRE represented Deville Corp in this transaction, facilitating the sale of the property to Broad & Cherry LLC. The deal reflects the ongoing activity in the retail market in downtown Nashville.