2024 Office Space Rent & Sales
- $31.12 2024 Avg. Asking Rent
- 0.01% Y-o-Y Avg. Asking Rent Change
- 18.41% 2024 Office Vacancy Rate
Brentwood office price per square foot in 2024 was $31.12 on average. This marked a +0.01% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.41% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Brentwood Class A & A+ Office Space$33.18
- Brentwood Class B Office Space$29.45
- Tennessee Class A & A+ Office Space$30.18
- Tennessee Class B Office Space$23.45
- Tennessee Class C Office Space$17.82
Brentwood, TN Office Asking Rents by Class
2024 Office Vacancy Rates in Brentwood
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Franklin | $33.08 | 23.04% |
Green Hills - Sylvan Park | $31.91 | 19.20% |
Far South Nashville | $30.98 | 15.81% |
Brentwood | $30.94 | 19.12% |
Coworking Spaces in Tennessee
- Atlanta Coworking Space
- Chicago Coworking Space
- Nashville Coworking Space
- Charlotte Coworking Space
- Indianapolis Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Raleigh Coworking Space
- Alexandria Coworking Space
- Birmingham Coworking Space
- Durham Coworking Space
- Kansas City Coworking Space
- St. Louis Coworking Space
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- Alpharetta Coworking Space
- Memphis Coworking Space
- Cleveland Coworking Space
- Richmond Coworking Space
- Asheville Coworking Space
- Chattanooga Coworking Space
- Knoxville Coworking Space
2024 Office Construction in Brentwood, TN
Office building | Address | SF | Completed |
---|---|---|---|
Brentwood Commons IV | 120 Brentwood Commons Way, 37027 | 119,500 | 2020 |
Tristar Health Park | 1001 Health Park Drive, 37027 | 119,000 | 2020 |
Seven Springs II | 310 Seven Springs Way, 37067 | 130,000 | 2017 |
Creekside Crossing IV | 12 Cadillac Drive, 37207 | 126,697 | 2006 |
Creekside Crossing III | 8 Cadillac Drive, 37207 | 125,186 | 2005 |
Creekside Crossing III | 8 Cadillac Dr, 37027 | 124,000 | 2005 |
Seven Springs I | 320 Seven Springs Way, 37027 | 129,546 | 2001 |
Maryland Farms Office Park - Virginia Way Plaza | 5141 Virginia Way, 37027 | 77,200 | 2001 |
Hickory Trace | 104 Continental Place, 37027 | 54,898 | 2001 |
Creekside Crossing II | 10 Cadillac Dr, 37027 | 116,400 | 2000 |
Worth noting among recent office completions on the Brentwood market is Brentwood Commons IV, which is currently the largest new office development in the city, at 119,500 square feet.
See reports for other markets
- Nashville Office Rent Price
- Memphis Office Rent Price
- Knoxville Office Rent Price
- Chattanooga Office Rent Price
- Atlanta Office Rent Price
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Brentwood commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.