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Mixed-Use Project with Patio
For Lease
Contact for pricing

900 3RD Street SE Unit 700, Cedar Rapids, IA 52401

First-floor commercial suites offer flexible layouts, street frontage, and an outdoor patio option within a mixed-use development.

Space SizeContact for details
Days on Market512

Property Features for 900 3RD Street SE Unit 700

General Information

Standard status Active
Lease Term []

Space & Availability

Floor 1
Space Use Restaurant

Site & Location

End Cap Yes
Road Access Yes

Additional Details

TI Allowance $10 /SF
Patio Yes

Amenities

outdoor patio

Building Details

Year Built 2025
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs
Source: Cbhrealty
Added: Apr 5, 2025 Changed: Aug 28 Last Checked: Aug 29 at 10:52AM

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 mixed-use development at 900 3rd Street SE in Cedar Rapids, with flexible commercial suites planned for the first floor. The south end-cap includes an outdoor patio, adding an exterior component to the space. The project is identified with a 2025 year built.

The development will include 183 market-rate apartments, placing commercial space within a residential project in the NewBo neighborhood. The property has frontage along 3rd St. SE, and neighborhood amenities are described as walkable from the site.

Key Highlights

  • Flexible first‑floor commercial suite sizes
  • South end‑cap space includes an outdoor patio
  • 183 market‑rate apartments planned within the project

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Nail Salon

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,597
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

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial suites offer flexible layouts, street frontage, and an outdoor patio option within a mixed-use development.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 700 Cedar Rapids, IA.
What are key features of this property?
This property features: Flexible first‑floor commercial suite sizes; South end‑cap space includes an outdoor patio; 183 market‑rate apartments planned within the project
More about this property
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