Commercial Lease Sale
- Collins Rd NE, Cedar Rapids, Iowa 52402
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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.

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.

Basic Details
Property Type:
Commercial Lease
Listing Type:
Sale
Listing ID:
202604106
Price:
$23,500
Construction Year:
2000
Lot Size:
1.56 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52402
Property Sub Type:
Retail
Features
Heating:
Central, Natural Gas
Cooling System:
Central Air
Roof:
Other
Construction:
Frame
Address Map
Street Number:
320
Street:
Collins Rd NE
Floor Number:
0
Longitude:
W92° 21' 58.7''
Latitude:
N42° 1' 42.8''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Directions:
Located on the North side of Collins Rd NE in Cedar Rapids. Located across the street from Northland Square Mall
Zoning:
Sub MU Community Ctr
LA1Agent Logon Name:
i2524
LA1Agent First Name:
Adam
LA1Agent Last Name:
Gibbs
LO1Main Office ID:
IGLD
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Adam Gibbs
GLD Commercial Real Estate Advisors
Additional Details
Central Air
Frame
06/29/2026
Located on the North side of Collins Rd NE in Cedar Rapids. Located across the street from Northland Square Mall