Freestanding Restaurant
For Lease
Contact for pricing
320 Collins Rd Ne, Cedar Rapids, IA 52402
Freestanding restaurant building with ample parking, offered for lease or sale along Collins Road NE.
Space Size9,500 SF
Days on Market117
Property Features for 320 Collins Rd Ne
General Information
Standard status
Active
Size
9,500 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 320 Collins Rd Ne
Collins Road Restaurant for Lease
$29.68/SF/Yr
Floor
1
Size
9,500 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
• Former Biaggi's restaurant available following
relocation
• 9,500 SF freestanding building on 1.6 acres
• Premier location along highly traveled Collins Rd
NE
• Exceptional visibility with high daily traffic
counts
• Positioned within one of Cedar Rapids'
strongest retail and restaurant corridors
• Surrounded by national retailers, hotels,
entertainment, and dense residential
neighborhoods
• Ample on-site parking with excellent access and
circulation
• Ideal for full-service restaurants, upscale casual
dining, entertainment dining concepts,
breweries, specialty food users, or flagship retail.
• Available For Lease; ownership will also
consider a sale
Contact us
Listing Agency:
GLD Commercial
(319) 731-3400
Listed By:
Adam Gibbs · License #B43857000
(319) 731-3415
Source:
Moodyscre
Added: Jun 30
Changed: Oct 3
Last Checked: Oct 23 at 11:21AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a freestanding restaurant building formerly occupied by Biaggi’s Ristorante Italiano. The offering includes approximately 9,500 square feet on about 1.6 acres, with site improvements positioned to support a full-service restaurant operation.
The site is located at 320 Collins Rd NE in Cedar Rapids, Iowa, along Collins Road NE. It is described as having visibility and convenient access, with generous parking and ingress/egress.
This represents a second-generation restaurant opportunity in the Cedar Rapids market, and ownership is offering the property for lease and will also consider a sale.
The site is located at 320 Collins Rd NE in Cedar Rapids, Iowa, along Collins Road NE. It is described as having visibility and convenient access, with generous parking and ingress/egress.
This represents a second-generation restaurant opportunity in the Cedar Rapids market, and ownership is offering the property for lease and will also consider a sale.
Key Highlights
- Freestanding 9,500 SF former Biaggi's Ristorante Italiano restaurant building
- Approximately 1.6‑acre site along Collins Road NE with high traffic exposure
- Offered for lease; ownership will also consider the sale of the property
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.45 /SF/Yr
CAM
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant building with ample parking, offered for lease or sale along Collins Road NE.
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 $29.68 SF/Yr.
What are key features of this property?
This property features: Freestanding 9,500 SF former Biaggi's Ristorante Italiano restaurant building; Approximately 1.6‑acre site along Collins Road NE with high traffic exposure; Offered for lease; ownership will also consider the sale of the property
