Plano Courthouse Federal
For Sale
Contact for pricing
7940 Preston Rd, Plano, TX 75024
Trophy-quality, mission-critical federal facility in Plano, Texas for sale.
Property Size36,755 SF
Days on Market117
Property Features for 7940 Preston Rd
General Information
Standard status
Active
Size
36,755 SF
Property subtype
Office
Listing Agency:
Dallas
(972) 759-7814
Listed By:
Geoff Ficke · License #593051
(972) 759-7814
Source:
Colliers
Added: Apr 14
Changed: Aug 8
Last Checked: Jul 16 at 1:49AM
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 Dallas
Investment Insights
Based on property information with market context.
Located at 7940 Preston Rd in Plano, Texas, the U.S. District Courthouse and U.S. Marshals Service Building is available for acquisition. Constructed in 2008, this 36,755 RSF facility features a specialized buildout tailored to the U.S. District Court for the Eastern District of Texas. The layout includes a District Judge courtroom, a Magistrate Judge courtroom, dedicated judicial chambers, secure holding and prisoner processing areas, and a dedicated U.S. Marshals Service operational suite with a fitness facility. The Plano courthouse serves as the Sherman Division of the U.S. District Court for the Eastern District of Texas, adjudicating federal, civil, and criminal matters across eight counties in the greater Dallas-Fort Worth region. The Eastern District has long been recognized as the premier venue for patent infringement litigation in the United States. The lease is backed by the full faith and credit of the U.S. Government (S&P: AA+) under a modified gross lease with a 10-year firm term commencing July 21, 2023, and extending through a total term of 17 years to July 20, 2040. Plano, Texas, hosts over 500 corporate and regional company headquarters, supporting over 210,000 jobs. Continuous multifamily and mixed-use development surrounding the property reinforces sustained demand and long-term stability in one of the most affluent and supply-constrained submarkets in the Dallas-Fort Worth metroplex.
Key Highlights
- Lease backed by the full faith and credit of the U.S. Government (S&P: AA+) with a 10‑year firm term.
- Mission‑critical federal facility purpose‑built to the specifications of the U.S. District Court.
- Located in Plano, Texas, a highly desirable and economically dynamic city.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,832
Businesses Nearby
Explore this area
Business Placement
Demographics for 75024, TX
45,469
Population
20,362
Households
2.2
Avg Household Size
36
Median Age
71%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
3,498
Density / Sq Mi
$117,445
Median Household Income
$77,783
Median Earnings
$1,820
Median Rent
$566,200
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Trophy-quality, mission-critical federal facility in Plano, Texas for sale.
Where is this office building located?
The property is located at 7940 Preston Rd Plano, TX.
What are key features of this property?
This property features: Lease backed by the full faith and credit of the U.S. Government (S&P: AA+) with a 10‑year firm term.; Mission‑critical federal facility purpose‑built to the specifications of the U.S. District Court.; Located in Plano, Texas, a highly desirable and economically dynamic city.
