Freestanding Restaurant
For Lease
$23,500
320 Collins Rd NE, Cedar Rapids, IA 52402
Freestanding restaurant space available along Collins Road NE, offering extensive on-site parking on a large site.
Space Size9,500 SF
Days on Market41
Property Features for 320 Collins Rd NE
General Information
Standard status
Active
Size
9,500 SF
Property subtype
Retail - Restaurant
Building Details
Building Size
9,500 SF
Year Built
2000
Spaces For Lease
at 320 Collins Rd NE Contact us- Size
- 9,500 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Available
Listing Agency:
GLD Commercial
Listed By:
Adam Gibbs, SIOR
Source:
Commercialcafe
Added: Jul 20
Changed: Aug 8
Last Checked: Aug 29 at 6:19AM
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 GLD Commercial
Investment Insights
Based on property information with market context.
This freestanding restaurant property was formerly operated as Biaggi’s Ristorante Italiano and is being offered for lease (and sale consideration). The site includes a restaurant building totaling 9,500 SF, situated on approximately 1.6 acres, with on-site parking and convenient ingress/egress for customer access.
Located on Collins Road NE (Highway 100), a heavily traveled corridor in Cedar Rapids, the property offers visibility to substantial daily traffic. The surrounding area includes retail plazas, dining and service uses, and it is adjacent to Collins Aerospace’s main campus.
This is a second-generation restaurant opportunity with an existing recognizable restaurant use. The property is positioned to support continued restaurant operations or other high-profile retail concepts consistent with the site’s existing restaurant configuration.
Located on Collins Road NE (Highway 100), a heavily traveled corridor in Cedar Rapids, the property offers visibility to substantial daily traffic. The surrounding area includes retail plazas, dining and service uses, and it is adjacent to Collins Aerospace’s main campus.
This is a second-generation restaurant opportunity with an existing recognizable restaurant use. The property is positioned to support continued restaurant operations or other high-profile retail concepts consistent with the site’s existing restaurant configuration.
Key Highlights
- 9,500 SF former Biaggi's Ristorante Italiano restaurant building built in 2000.
- Freestanding restaurant site on approximately 1.6 acres along Collins Road NE (Highway 100).
- Located on a heavily traveled corridor with exposure to tens of thousands of vehicles daily.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant space available along Collins Road NE, offering extensive on-site parking on a large site.
Where is this conventional restaurant located?
The property is located at 320 Collins Rd NE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $23,500.
What are key features of this property?
This property features: 9,500 SF former Biaggi's Ristorante Italiano restaurant building built in 2000.; Freestanding restaurant site on approximately 1.6 acres along Collins Road NE (Highway 100).; Located on a heavily traveled corridor with exposure to tens of thousands of vehicles daily.
