List Search

320 Collins Rd NE
Cedar Rapids, IA 52402

$23,499 USD/MO

Restaurant For Lease  •  9,428 SF

Property Details

  • Property Type Restaurant
  • Year Built 2000
  • Total Building Size 9,428 SF
  • Tenancy Single
  • Building Class B
  • Zoning S-MC
30 Transit Score
50 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 9,428 SF $29.91 USD/SF/YR 
Rare opportunity to lease (or purchase) a highly visible freestanding restaurant in one of Cedar Rapids' premier retail and dining corridors. This 9,500 SF former Biaggi's Ristorante Italiano sits on approximately 1.6 acres along heavily traveled Collins Road NE, offering outstanding visibility, convenient access, and exposure to tens of thousands of vehicles daily.

Surrounded by an exceptional mix of national retailers, hotels, restaurants, and major employers, the property benefits from a strong daytime workforce, affluent surrounding neighborhoods, and consistent consumer traffic throughout the day and evening. The site's generous parking, excellent ingress/egress, and recognizable location make it an outstanding opportunity for a full-service restaurant, upscale casual dining concept, specialty food user, or other high-profile retail use.

This is one of the few second-generation restaurant opportunities available in the Cedar Rapids market, allowing an operator to capitalize on an established restaurant destination while significantly reducing development time and cost compared to new construction. Ownership is offering the property for lease and will also consider the sale of the property.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description 

320 Collins Rd NE is a retail property formerly occupied as a full-service restaurant. The site spans approximately 1.56 acres and includes a single-story building constructed in 2000 with an interior footprint totaling 9,428 square feet. Utilities to the property include electricity, natural gas, and municipal water and sewer services. The property is located along Collins Road NE, a primary arterial in Cedar Rapids, and is accessible via county/city roads with state highway frontage. The surrounding area contains a mix of commercial retail, hospitality, and major employment centers. Roadway and parking infrastructure support vehicular access with multiple points of ingress and egress.

Highlights

Positioned within one of Cedar Rapids' strongest retail and restaurant corridors.
Surrounded by national retailers, hotels, entertainment, and dense residential neighborhoods
Ideal for full-service restaurants, upscale casual dining, entertainment dining concepts, breweries, specialty food users, or flagship retail.
Ample on-site parking with excellent access and circulation.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Biaggi's Ristorante Italiano

Public Transportation

AirportDriveWalkDistance
The Eastern Iowa 25 min - 13.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 62
Type: Surface
Included in Rent: Yes
Adam Gibbs 319-721-1520 GLD Commercial Real Estate Advisors
Adam Gibbs 319-721-1520 GLD Commercial Real Estate Advisors