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Central Five Hundred 500 N Central Expy 237,625 SF 78% Leased 5-Star Office Building Plano, TX 75074 For Sale
Investment Highlights
- Recently Renovated & Ideally Positioned
- Cash Flow Stability with Upside Potential
- Advantageous Market Position & Location
- Attractive Suite Size Availabilities
Executive Summary
Central Five Hundred is in the Plano-Richardson Submarket of Dallas-Fort Worth at the confluence of two major highways, Central Expressway (US 75) and President George Bush Turnpike, benefiting from connectivity and accessibility to all parts of Dallas. Situated in Plano, less than five minutes from the CityLine mixed-use development, Collin Creek Shopping Center, Richardson Plaza, and Sherrill Park Golf Course. Plano-Richardson is home to numerous global companies and is currently experiencing some of the strongest leasing velocity within the DFW market. Major leases signed in 2025 include AT&T (186k SF), Geico (165k SF), University of Texas (142k SF), Trinity Insurance (67k SF), Continental Electronics (45k SF), and ON Semiconductors (36k SF). As a proven destination for both large corporate users and small-to-mid size firms, coupled with a lack of new planned development, Plano-Richardson is poised for continued long-term success.
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Concierge
- Conferencing Facility
- Convenience Store
- Fitness Center
- Food Service
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Kitchen
- Storage Space
- Central Heating
- Natural Light
- Shower Facilities
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- On-Site Security Staff
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Professional, Scientific, and Technical Services
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Blackwell & Duncan, PLLC is a boutique law firm which limits its practice to representing property owners through the State of Texas. The firm handles all property taxation matters from valuation, unequal taxation issues, exemption matters, and litigation. The firm’s principles have represented commercial taxpayers in all facets of property taxation for over 20 years. Some of their clients include Camden, Harden Healthcare, Tabani Group, Nestle Waters North America, Frito Lay, First Allied, Inland, RPAI, and Haydn Cutler.
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CityCentral was created with one purpose : To create an innovative and collaborative workspace and community for businesses and individuals looking for an environment that will enable their business to grow. They pride themselves on continuously nurturing their community, providing more and more resources, encouraging collaboration between members, and hosting events specifically designed with their members in mind. As their community continues to grow, CityCentral becomes less of “somewhere you work from” and more of a “community that delivers collective success.”
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- Health Care and Social Assistance
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The Neuropsychology Center provides professional neuropsychological consultation, education and training, and conducts neuropsychological research. The faculty of The Neuropsychology Center have extensive backgrounds and experience in clinical neuropsychology. They have been faculty members of a major university medical center and a regional neuropsychological laboratory facility. The faculty members have provided clinical neuropsychological services to adult and child populations for more than 30 years. They have also offered graduate level and post-doctoral training and supervision in Clinical Neuropsychology. In addition, they have been active researchers publishing in a variety of brain-behavior areas.
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- Public Administration
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The U.S. Probation and Pretrial Services System began with the federal Probation Act of 1925, which established probation in the federal courts after years of debate over suspended sentences. The system serves as the community corrections arm of the federal judiciary and supports the fair administration of justice through pretrial investigations, presentence reports, post-conviction supervision, and reentry support for people charged with or convicted of federal crimes. The system employs data and evidence-based practices across a decentralized national structure that works through district court offices under local management and national oversight, while pretrial services expanded into the federal system later in the twentieth century and became part of the system's broader supervision mission.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Elevator Lobby Exposure Premier space in a primely located, freshly renovated office building
Premier space in a primely located, freshly renovated office building
Spec Suite
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 103 | 3,583 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 107 | 2,244 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 152 | 3,579 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 175 | 13,920 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 2,037 SF | Office | - | Now |
| 2nd Fl-Ste 225-231 | 6,823 SF | Office | - | May 2027 |
| 2nd Fl-Ste 261-280 | 5,149 SF | Office | - | Now |
| 2nd Fl-Ste 272 | 1,624 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 280 | 5,500 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 305 | 863 SF | Office | - | 30 Days |
| 3rd Fl-Ste 320 | 3,000-6,668 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 340 | 3,109 SF | Office | - | May 2027 |
| 3rd Fl-Ste 355 | 1,163 SF | Office | - | Now |
| 3rd Fl-Ste 365-370 | 3,470 SF | Office | - | Now |
| 3rd Fl-Ste 375 | 1,845 SF | Office | Partial Build-Out | Now |
| 5th Fl-Ste 575 | 1,920 SF | Office | - | Now |
1st Fl-Ste 103
| Size |
| 3,583 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 107
| Size |
| 2,244 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 152
| Size |
| 3,579 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 175
| Size |
| 13,920 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 2,037 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 225-231
| Size |
| 6,823 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| May 2027 |
2nd Fl-Ste 261-280
| Size |
| 5,149 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 272
| Size |
| 1,624 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 280
| Size |
| 5,500 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 305
| Size |
| 863 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| 30 Days |
3rd Fl-Ste 320
| Size |
| 3,000-6,668 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 340
| Size |
| 3,109 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| May 2027 |
3rd Fl-Ste 355
| Size |
| 1,163 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 365-370
| Size |
| 3,470 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 375
| Size |
| 1,845 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
5th Fl-Ste 575
| Size |
| 1,920 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 103
| Size | 3,583 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
1st Fl-Ste 107
| Size | 2,244 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
1st Fl-Ste 152
| Size | 3,579 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
1st Fl-Ste 175
| Size | 13,920 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
2nd Fl-Ste 202
| Size | 2,037 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
2nd Fl-Ste 225-231
| Size | 6,823 SF |
| Space Use | Office |
| Build-Out | - |
| Available | May 2027 |
2nd Fl-Ste 261-280
| Size | 5,149 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
2nd Fl-Ste 272
| Size | 1,624 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
2nd Fl-Ste 280
| Size | 5,500 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
3rd Fl-Ste 305
| Size | 863 SF |
| Space Use | Office |
| Build-Out | - |
| Available | 30 Days |
3rd Fl-Ste 320
| Size | 3,000-6,668 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Elevator Lobby Exposure Premier space in a primely located, freshly renovated office building
3rd Fl-Ste 340
| Size | 3,109 SF |
| Space Use | Office |
| Build-Out | - |
| Available | May 2027 |
3rd Fl-Ste 355
| Size | 1,163 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
3rd Fl-Ste 365-370
| Size | 3,470 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
3rd Fl-Ste 375
| Size | 1,845 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Premier space in a primely located, freshly renovated office building
5th Fl-Ste 575
| Size | 1,920 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Spec Suite
Property Taxes
| Parcel Number | R-1731-001-0010-1 | Improvements Assessment | $32,106,492 |
| Land Assessment | $7,596,167 | Total Assessment | $39,702,659 |
Property Taxes
Contacts
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Matthew Murphy -
Todd Savage -
Russell Ingrum -
Jared Chua -
Kelsey Shebay -
Cushman & Wakefield US, Inc.
Presented by
Central Five Hundred | 500 N Central Expy
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