Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Class A Office Space Available Title is generated by Realmo AI

    5005 Maryland Way, Brentwood, TN

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Prime office space with high-end finishes and excellent accessibility.

    Type:OFFICE
    Property size:
    2,709 SF
    Lot size:
    0.65 Acres
    Added:
    May 10, 2024
    Days on Market:
    757
    Last Refresh:
    May 20 at 9:34 pm

    Property Features for 5005 Maryland Way

    General Information

    Standard status
    Active
    Size
    2,709 SF
    Lot size
    0.65 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5005 Maryland Way Contact us

    We can help!

    Listing Contact
    Greg Coleman
    Greg Coleman

    Listing agent Greg Coleman

    Listing office Southeast Venture / CORFAC International

    Listing date May 10, 2024

    Source Moodyscre

    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 Southeast Venture / CORFAC International

    HighLights

    • Class A lobby finishes with comfortable seating and meeting areas
    • High walkability with immediate access to street level retail and restaurants
    • Easy access to I‑65 (Less than ±1 mile)
    • Located on the highly visible corner of Maryland Way and Franklin Road
    • Generous common areas for working and gathering outdoors
    • Immediately adjacent to a new AC Hotel by Marriott

    Overview

    This office space, totaling 2709 square feet, features Class A lobby finishes, including comfortable seating and meeting areas. The location provides high walkability, with immediate access to street-level retail and restaurants. Generous common areas are available for outdoor working and gathering. The property is immediately adjacent to a new AC Hotel by Marriott. Situated in Hill Center Brentwood, it serves as a gateway to Maryland Farms. The location is on the highly visible corner of Maryland Way and Franklin Road, offering easy access to I-65, less than approximately 1 mile away.
    Property Profile Location Intelligence

    Current Use by Public Records

    State Volunteer Mutual ... Insurance Agency Cumberland Litigation, PLLC Law Firm BluWave, LP Information Services symplr (Bike/Boat/Book/etc) Store Saint Elle Nightclub

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Dental Office Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brentwood
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.7917424
    Latitude
    36.0343117

    Nearby Similar for Lease

    • Sponsored
      $129-$4,595/Mo
      11-1,292 SF

      Brentwood Center

      9005 Overlook Blvd, Unit Brentwood Tennessee United States of America 37027, Brentwood, TN 37027
      View Details
    • $129-$6,196/Mo
      11-1,292 SF

      Seven Springs

      320 Seven Springs Way, Unit 250, Brentwood, TN 37027
      View Details
    • $31 SF/Yr
      9,122 SF

      Class A Office Space Available

      Class A office space for lease in Brentwood, Tennessee.
      5409 Maryland Way, Brentwood, Tennessee 37027
      View Details
    • $35 SF/Yr
      1,351 SF

      Cool Springs Office Corner Suite

      Office suite in active commercial corridor near I-65.
      1612 Westgate Cir #115, Brentwood, TN 37027
      View Details
    • $29 SF/Yr
      1,650 SF

      Brentwood Office Space For Lease

      Office space for lease in Brentwood, Tennessee, near I-65.
      104 East Park Drive, Brentwood, Tennessee 37027
      View Details
    • $32 SF/Yr
      14,365 SF

      Class A Office Building

      Class A office building in Brentwood, convenient location and amenities.
      9020 Overlook Blvd, Brentwood, Tennessee 37027
      View Details
    • Contact for pricing

      TN, Brentwood - Summit View Drive

      201 Summit View Dr, Unit STE 110 & 300, Brentwood, TN 37027
      View Details
    • Contact for pricing
      2,808 SF

      Brentwood Office Space Available

      Office suites available in Brentwood with convenient access and amenities.
      317 Seven Springs Way, Brentwood, Tennessee 37027
      View Details
    • Contact for pricing

      Class A Office Building

      Office building in Maryland Farms, Brentwood with recent renovations.
      105 Continental Place, Brentwood, TN 37027
      View Details
    • Contact for pricing
      3,318 SF

      Brentwood Office Space for Lease

      Office space available at Creekside Crossing III in Brentwood.
      8 Cadillac Dr, Brentwood, TN 37027
      View Details
    • Contact for pricing
      4,285 SF

      Brentwood Office Space for Lease

      Office space available for lease in Brentwood, Tennessee.
      12 Cadillac Dr, Brentwood, TN 37027
      View Details
    • $29 SF/Yr
      7,770 SF

      Renovated Office Space on Maryland

      Newly renovated office space with building signage available for rent.
      5121 Maryland Way, Brentwood, TN
      View Details

    FAQs

    What type of property is this?
    Office units - Prime office space with high-end finishes and excellent accessibility.
    Where is this office units located?
    The property is located at 5005 Maryland Way Brentwood, TN.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Class A lobby finishes with comfortable seating and meeting areas; High walkability with immediate access to street level retail and restaurants; Easy access to I‑65 (Less than ±1 mile)
    (615) 498-7554 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Greg Coleman
    Greg Coleman
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5005 Maryland Way, Brentwood, TN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!