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701 S. Gregory Street—Gregory Place West
 
Location: Urbana
Address
Gregory Place
701 S. Gregory Street
Urbana, Illinois
Floorplan: Click here to see floorplan.
Description
Completed in August of 2004, Gregory Place features 21,000 square-feet of street-level retail space below three levels of luxury student housing, all located directly across the street from the world-famous Krannert Center for the Performing Arts. Surrounded by numerous residence halls and academic buildings, Gregory Place benefits from high volumes of pedestrian traffic, as well as additional city traffic drawn to the vicinity by the Center’s many year-round cultural events. The building features red brick and extensive limestone detailing, consistent with the look of the University’s highly regarded architecture. On the exterior, street-scaping creates a welcoming pedestrian atmosphere, while efficient mechanical systems on the interior decrease utility costs for the building’s retail tenants.
Vacancies
Suite E - 2,974 sf (Premises located on the corner of Oregon and Gregory)
Price: $16.00/sf/NNN
Square Footage Min
1400
Square Footage Max
2974
Tenants: Subway, Basil Thai @ Urbana, Merry Ann's Diner, UI Office of Minority Student Affairs, Rosati's Pizza, Heartland Bank and Trust Company
Parking: One space per 1,000 square-feet of rented area.
Lessee-Paid Expenses
NNN lease plus utilities
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