230 Collins Rd Cedar Rapids, IA 52402
- Drive through restaurants
- 2,886 SF
- 1.24 lot acres
Current Use by Public Records
- Raising Cane's Chicken Fingers / Fast Food Restaurant / American Restaurant
Property Details for 230 Collins Rd
- Year built
- 2022
- Lot size
- 1.24 lot acres
- Property size
- 2,886 SF
- Property type
- Drive through restaurants
- APN
- 14-02-2-76-009-0-1001
- APU
- 140227600901001
Description
This exceptional 30,094 square foot commercial land parcel presents a unique investment opportunity in Cedar Rapids, Iowa. Situated at 230 Collins Road NE, zip code 52402, this single-tenancy property boasts a prime location within a thriving retail corridor. The site benefits from high visibility and exceptional daily traffic counts exceeding 38,000 vehicles on Collins Road NE. This makes it an ideal location for a variety of commercial developments. The property is currently available for ground lease or a reverse build-to-suit arrangement, offering flexibility for potential developers. Its adjacency to the new Raising Cane's restaurant, slated to open in 2022, further enhances its desirability and potential for synergistic growth. This rare pad site presents a compelling opportunity to establish a strong presence in a high-traffic area of Cedar Rapids, capitalizing on the existing retail momentum and significant daily traffic volume. The property's size and location make it suitable for a wide range of commercial uses, offering significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6308
- Latitude
- 42.0286
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
