Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5121 Maryland Way Brentwood, TN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $29 SF/Yr

    Newly renovated office space with building signage available for rent.

    Type:OFFICE
    Property size:
    7,770 SF
    Lot size:
    1.92 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    184
    Last Refresh:
    Mar 29 at 9:33 pm

    Property Features for 5121 Maryland Way

    General Information

    Standard status
    Active
    Size
    7,770 SF
    Lot size
    1.92 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5121 Maryland Way Contact us

    We can help!

    Listing Contact
    Shelby Hall
    Shelby Hall

    Listing agent Shelby Hall

    Listing office Foundry Commercial | Nashville

    Listing date Sep 29, 2025

    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 Foundry Commercial | Nashville

    Overview

    Renovated Office Space on Maryland

    This is a newly renovated office building located on Maryland Way. The property offers 7770 square feet of office space. New LED lighting has been installed throughout the building. Building signage is available for tenants. The property features a premier address on Maryland Way.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Physician Partners Medical Clinic Retail Designs Inc Pharmacy JACOB M CAPITO Physician B2 Wellness Suites Real Estate Agency Brentwood Pelvic Health Medical Clinic

    Suggested Use

    Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Law Firm Hair Salon Dental Office 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
    -86.8024
    Latitude
    36.0339

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      TN, Brentwood - Summit View Drive

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

      Brentwood Center

      9005 Overlook Blvd, Unit Brentwood Tennessee United States of America 37027, Brentwood, TN 37027
      View Details
    • Contact for pricing

      Seven Springs

      320 Seven Springs Way, Unit 250, Brentwood, TN 37027
      View Details
    • $35/mo

      Cool Springs Office Corner Suite

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

      Renovated Office Space Available

      Office space for lease with upcoming renovations and signage opportunities.
      111 Westwood Place, Brentwood, TN 37027
      View Details
    • $38/mo

      Class A Office Space Available

      Second-generation office space with high walkability and generous common areas.
      211 Franklin Rd, Brentwood, TN 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
    • $29/mo

      Renovated Office Space Available

      Recently renovated office space in a convenient location for rent.
      307 Southgate Ct, Brentwood, TN
      View Details
    • $26/mo

      Brentwood Office Space Available

      6,752 SF office space for lease in Brentwood.
      750 Old Hickory Blvd, Brentwood, TN
      View Details
    • $29/mo

      Brentwood Office Space Available

      Four-story office building in prime Brentwood location.
      103 Powell Ct, Brentwood, TN
      View Details
    • Contact for pricing

      Standalone Building with Interstate Visibility

      Office building with convenient access and individual HVAC system.
      500 Wilson Pike Circle, Brentwood, TN 37027
      View Details
    • Contact for pricing

      Office/Flex Space in Brentwood

      5,340 SF office/flex space available Q4 2025.
      7108 Crossroads Blvd, Suite #329, Brentwood, TN 37027
      View Details

    FAQs

    What type of property is this?
    Office units - Newly renovated office space with building signage available for rent.
    Where is this office units located?
    The property is located at 5121 Maryland Way Brentwood, TN.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Premier Maryland Way address; Newly renovated building; Building signage available
    (615) 997-0010
    We can help!
    Listing Contact
    Shelby Hall
    Shelby Hall
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!