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 SizeContact for details
Days on Market117
Property Features for 320 Collins Rd NE
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Sub MU Community Ctr
Lease Type
NNN
Taxes and HOA fees
Annual Taxes
$100,436
Amenities
Carpet
1.56
CountyRoad,Paved,Highway
Building Details
Year Built
2000
Listing Agency:
Urban Acres Real Estate
(319) 393-0900
Listed By:
Angie Buck
(319) 361-9457
Source:
Pinnaclerealtyia
Added: Jun 29
Changed: Oct 21
Last Checked: Oct 23 at 5:54AM
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 Urban Acres Real Estate
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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
Who owns this building?
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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
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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
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Market
Vacancy Rate% for Retail in Midwest region
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.
