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Dominant Grocery Anchored Retail Center
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180 Collins Rd NE, Cedar Rapids, IA 52402

Regional retail center anchored by national credit tenants.

Space Size2,460 SF
Property Size144,069 SF
Days on Market1259

Property Features for 180 Collins Rd NE

General Information

Standard status Active
Size 2,460 SF
Class A
Property subtype Retail

Building Details

Building Size 144,069 SF
Tenancy Multiple

Spaces For Lease

at 180 Collins Rd NE Contact us

Suite- A1

Size
2,460 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: RCG Ventures
Listed By: Shane Brownlee · License #348128
Source: Crexi
Added: Mar 2, 2023 Changed: Aug 8 Last Checked: Aug 7 at 6:58AM

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 RCG Ventures

Investment Insights

Based on property information with market context.

Collins Crossing is a 144,069 square foot, market dominant retail center located in Cedar Rapids, IA. This regional center is anchored by national credit tenants, including Aldi, Hobby Lobby, HomeGoods, Five Below, and Shoe Carnival. Situated on Collins Road, the primary retail corridor of Cedar Rapids, the center benefits from high daily traffic counts of 28,900 vehicles per day and excellent visibility. Additional national retailers within the market include Best Buy, Staples, Dick’s, PetSmart, and Michael’s.

Key Highlights

  • Market dominant grocery anchored center with national tenants such as Aldi, Hobby Lobby, HomeGoods, Five Below, and Shoe Carnival.
  • Located on Collins Road, the primary retail corridor of Cedar Rapids.
  • High daily traffic counts of 28,900 (VPD).

Property Analytics

Current Use

Shoe Carnival Clothing & Fashion Store Video Games Etc Arcade & Gaming Center Five Below (Bike/Boat/Book/etc) Store ALDI Specialty Food Shop HomeGoods Department Store

Suggested Use

Top Pick Bakery Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Cedar Rapids, IA

$17.5 /SF/Yr
Avg Asking Price
$12–$21 /SF/Yr
Price Range
36,497 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Proactiv Kiosk 4444 1st Ave NE, Cedar Rapids, IA 52402
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Frequently Asked Questions

What type of property is this?
Shopping center - Regional retail center anchored by national credit tenants.
Where is this shopping center located?
The property is located at 180 Collins Rd NE Cedar Rapids, IA.
What are key features of this property?
This property features: Market dominant grocery anchored center with national tenants such as Aldi, Hobby Lobby, HomeGoods, Five Below, and Shoe Carnival.; Located on Collins Road, the primary retail corridor of Cedar Rapids.; High daily traffic counts of 28,900 (VPD).
(706) 575-2869 Call to check price and availability
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