5217 Maryland WayBrentwood, TN 37027

  • Office properties
  • 44,402 SF
For Lease
$31.75/SF/YR View listing

Property Details for 5217 Maryland Way

Year built
1998
Construction
STEEL FRAME
Lot size
1.89 AC
Property size (Sq ft)
44,402 SF
Property type
Office properties
APN
094012 03026
APU
9401203026

Description

This exceptional two-story, 44,000 square foot office building, constructed in 1998 and extensively renovated in 2022, presents a prime opportunity for businesses seeking prestigious Brentwood, Tennessee office space. Located at 5217 Maryland Way in the heart of Maryland Farms, this multi-tenant building offers immediate access to major thoroughfares and amenities. Currently, several contiguous suites totaling up to 8,457 square feet are available for lease, starting April 1, 2025. Individual suites range from approximately 2,391 to 3,327 square feet, each boasting elevator lobby exposure. The building features ample surface parking to accommodate tenants and their clients. Situated in Williamson County, this property benefits from Brentwood's thriving business environment and convenient location. The asking rent is $33 per square foot for the available suites. This is a rare opportunity to secure high-quality office space in a highly desirable location. The building's modern design and recent renovations ensure a comfortable and productive work environment. Don't miss this chance to establish your business in this premier Brentwood location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,670,538
    6.5%
    $7,080,496
    7%
    $6,574,746
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,822,124
    Geo Method
    $3,822,124
  • Alternative Use

    Use
    Valuation
    Residential
    $8,779,815
    Hospitality
    $8,042,264
    Educational
    $6,691,069
    Medical
    $6,921,185
    Retail
    $10,408,329

Location Insight

City
Brentwood
County
Williamson
State
Tennessee
Latitude
36.0347
Longitude
-86.8073
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$98,314
$1,132,640
$3,397,920
$4,530,560
-
$1,247,400
$178,200
$1,425,600

FAQs

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