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Ethan Graham

ethangraham@epique.me +1(319) 777-1254

$ 23,500

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320 Collins Rd NE Cedar Rapids, IA 52402

9,428 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID 202604106

Year Built 2000

Annual Tax Amount $100,436

Tax Year 2024

Lot Size 9,428 Sqft

Acres 1.56

Property Sub-Type Retail

Property Description

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 is sited 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 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.

Location

State IA

County Linn

Zoning Sub MU Community Ctr

Direction Located on the North side of Collins Rd NE in Cedar Rapids. Located across the street from Northland Square Mall

Interior

Heating Natural Gas, Central

Cooling Central Air

Flooring Carpet

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range One To Two Acres

Structure Type Frame

Others

Tax ID 14022-51003-00000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

Ethan Graham

Agent

+1(319) 777-1254

Ethan Graham

320 Collins Rd NE Cedar Rapids, IA 52402

Key Details

Location

Interior

Exterior

Building

Others

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320 Collins Rd NE