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40 Monument Square - Big Blue 40 Monument Sq 280 - 2,935 SF of Office Space Available in Urbana, OH 43078
HIGHLIGHTS
- Steady retail foot traffic
- Build to suit, fast
- Prominent downtown shopping location
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 202 | 280 SF | Negotiable | $32.88 CAD/SF/YR $2.74 CAD/SF/MO $9,208 CAD/YR $767.30 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 214 | 535 SF | Negotiable | $32.88 CAD/SF/YR $2.74 CAD/SF/MO $17,593 CAD/YR $1,466 CAD/MO | Modified Gross | ||
| 3rd Floor, Ste 301 | 440 SF | Negotiable | $32.88 CAD/SF/YR $2.74 CAD/SF/MO $14,469 CAD/YR $1,206 CAD/MO | TBD | ||
| 3rd Floor, Ste 305 | 700 SF | Negotiable | $32.88 CAD/SF/YR $2.74 CAD/SF/MO $23,019 CAD/YR $1,918 CAD/MO | Modified Gross | ||
| 3rd Floor, Ste 311 | 980 SF | Negotiable | $32.88 CAD/SF/YR $2.74 CAD/SF/MO $32,227 CAD/YR $2,686 CAD/MO | Modified Gross |
2nd Floor, Ste 202
- Listed rate may not include certain utilities, building services and property expenses
- Central Air and Heating
- Wi-Fi Connectivity
- Corner Space
- Corner Office
- City Square View
2nd Floor, Ste 214
- Listed rate may not include certain utilities, building services and property expenses
- Subdivisible
- City Square View
3rd Floor, Ste 301
This unit is the top corner office of the iconic Big Blue Building at 40 Monument Square, overlooking the heart of downtown Urbana and offering the best view the property has to offer. Positioned within a building deeply woven into Urbana’s history, the space sits on a site that has served the community for generations — from military headquarters and tavern to saddle shop, drug store, and legal offices — long before the square was formally known as Monument Square. Its prominent corner location provides both character and visibility, making it an exceptional setting for a professional office or boutique operation in one of Champaign County’s most recognizable and historic locations.
- Window View of City Square
3rd Floor, Ste 305
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Main Street View
- Recently Refurbished
3rd Floor, Ste 311
- Listed rate may not include certain utilities, building services and property expenses
- Lots of open space
- Subdivisible
- View of City Square
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,935 SF | Gross Leasable Area | 9,276 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2023 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.65/1,000 SF |
| Total Space Available | 2,935 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,276 SF |
| Year Built/Renovated | 1900/2023 |
| Parking Ratio | 0.65/1,000 SF |
ABOUT THE PROPERTY
40 Monument Square’s remarkable history is thanks in part to its prominent location in the heart of Urbana. From a military headquarters to a tavern, saddle shop, drug store, and legal offices, the site and the Big Blue Building itself are etched into the fabric of Urbana and Monument Square, even before the center of Urbana was dedicated “Monument Square.” There is no better place available in Champaign County to start a thriving retail operation!
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Urbana Tomorrow
40 Monument Square - Big Blue | 40 Monument Sq
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