Brentwood Office Rent Price & Sales Report

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%
Data provided by Yardi Research
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Brentwood market was 18.41% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Brentwood was 15.81% in the Far South Nashville submarket, while the highest office vacancy in the market was 23.04%, recorded in Franklin.

Office Spaces for Rent in Tennessee

Coworking Spaces in Tennessee

2024 Office Construction in Brentwood, TN

Largest Office Properties Recently Completed in Brentwood
Office building Address SF Completed
Seven Springs II 310 Seven Springs Way, 37067 130,000 2017
Hill Center Brentwood Building A 211 Franklin Rd # A, 37027 60,012 2017
Creekside Crossing IV 12 Cadillac Drive, 37207 126,697 2006
317 Seven Springs Way 317 Seven Springs Way, 37027 24,000 2006
Creekside Crossing III 8 Cadillac Drive, 37207 125,186 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
Creekside Crossing II 10 Cadillac Dr, 37027 116,400 2000
Maryland Farms Office Park - Hickory Trace 104 Continental Place, 37027 55,004 2000
5300 Virginia Way 5300 Virginia Way, 37027 21,076 2000

Worth noting among recent office completions on the Brentwood market is Seven Springs II, which is currently the largest new office development in the city, at 130,000 square feet.

Data provided by Yardi Research

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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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.