Mixed-Use Property with Outdoor
For Lease
$18 SF/Yr
900 3RD Street SE Unit 600, Cedar Rapids, IA 52401
First-floor commercial suites are available within a new apartment-integrated project.
Space SizeContact for details
Days on Market511
Property Features for 900 3RD Street SE Unit 600
General Information
Standard status
Active
Lease Term
[]
Space & Availability
Floor
1
Space Use
Restaurant
Additional Details
TI Allowance
$10 /SF
End Cap
Yes
Patio
Yes
Building Details
Year Built
2025
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs
(319) 364-8121
Source:
Cbhrealty
Added: Apr 6, 2025
Changed: Aug 28
Last Checked: Aug 29 at 9:57AM
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 Real Estate Advisors
Investment Insights
Based on property information with market context.
Loftus is a mixed-use development completed in 2025, with flexible commercial suites arranged on the first floor. The south end-cap includes an outdoor patio, adding a defined exterior component to the commercial offering. The project encompasses 252,815 square feet and includes 183 market-rate apartments as part of the overall development.
The property is located at 900 3rd Street SE, Unit 600, Cedar Rapids, Iowa, with frontage along 3rd St. SE. It is situated in the NewBo neighborhood, where amenities are described as being within walking distance. The combination of ground-level commercial space, apartment residences, and a visible street-facing position establishes the project's mixed-use configuration.
The property is located at 900 3rd Street SE, Unit 600, Cedar Rapids, Iowa, with frontage along 3rd St. SE. It is situated in the NewBo neighborhood, where amenities are described as being within walking distance. The combination of ground-level commercial space, apartment residences, and a visible street-facing position establishes the project's mixed-use configuration.
Key Highlights
- Flexible first‑floor commercial suites
- South end‑cap space includes an outdoor patio
- 252,815‑square‑foot mixed‑use project
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,597
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Cedar Rapids, IA
$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 SF
Avg Space Size
This space is priced 4% above the average of $17.39 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial suites are available within a new apartment-integrated project.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 600 Cedar Rapids, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Flexible first‑floor commercial suites; South end‑cap space includes an outdoor patio; 252,815‑square‑foot mixed‑use project
