Former Biaggi's

320 Collins Rd NE, Cedar Rapids, IA 52402

Property Information

  • For Lease $23,500.00/MO
  • Property Type Retail - Restaurant
  • Property Size 9,500 SF
  • Lot Size 1.56 Acre
  • Property Tenancy Single Tenant
  • Year Built 2000
  • Date Updated Jul 7, 2026

Description

This property is located on the highly coveted Collins Road NE (Highway 100), one of the most heavily travelled streets in Cedar Rapids, and surrounded by a high density of retail plazas, dining spots, and services. This site is also adjacent to Collins Aerospace's main campus which accounts for the vast majority of the company's approximately 7,000 local employees.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.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.

1 Space Available

Available

Space Type

Retail

Lease Rate

$23,500.00/MO

Total Space

9,500 SF

Divisible Space

9,500 - 9,500 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Contact Listing Broker
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