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Retail Space at Mixed-Use Project
For Lease
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600-900 3rd St Se, Cedar Rapids, IA 52401

Flexible ground-floor commercial suites are available with prominent 3rd St. SE frontage.

Space SizeContact for details
Days on Market518

Property Features for 600-900 3rd St Se

General Information

Standard status Active

Additional Details

Road Access Yes
Multifamily Units 183
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Apr 8, 2025 Changed: Sep 4 Last Checked: Sep 7 at 1:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL

Investment Insights

Based on property information with market context.

Loftus is a new mixed-use development offering flexible commercial suite sizes on the first floor. The project includes a south end-cap space with an outdoor patio suited for a restaurant use.

The site is described as highly visible with frontage on 3rd St. SE. The development is planned to include 183 market-rate apartments, providing a built-in residential component on the property.

A $10 per SF tenant improvement allowance is offered for qualified tenants and terms. The listing also discloses that the developer and ownership entity includes licensed real estate professionals in Iowa, and that listing agents are related to a member of the ownership entity.

Key Highlights

  • Flexible ground‑floor commercial suite sizes available
  • Prominent 3rd St. SE frontage with a highly visible site
  • South end‑cap space includes an outdoor patio, suited for a restaurant

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Dental Office Big Box & Wholesale Store Storage Facility Skin Care Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

183
Residential units
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,659
Businesses Nearby

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Flexible ground-floor commercial suites are available with prominent 3rd St. SE frontage.
Where is this apartment building located?
The property is located at 600-900 3rd St Se Cedar Rapids, IA.
What are key features of this property?
This property features: Flexible ground‑floor commercial suite sizes available; Prominent 3rd St. SE frontage with a highly visible site; South end‑cap space includes an outdoor patio, suited for a restaurant
More about this property
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