Mixed-Use Project with End
For Lease
$18 SF/Yr
900 3RD Street SE Unit 800, Cedar Rapids, IA 52401
First-floor commercial suites occupy a new neighborhood development with amenities within walking distance.
Space SizeContact for details
Days on Market600
Property Features for 900 3RD Street SE Unit 800
General Information
Standard status
Active
Lease Term
[]
Space & Availability
Floor
Ground
Space Use
Restaurant
Additional Details
TI Allowance
$10 /SF
End Cap
Yes
Patio
Yes
Amenities
outdoor patio
Building Details
Year Built
2025
Tenancy
Multi
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs
(319) 364-8121
Source:
Cbhrealty
Added: Jan 6, 2025
Changed: Aug 29
Last Checked: Aug 26 at 1:03PM
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 located on the first floor. The south end-cap space includes an outdoor patio, supporting restaurant use. The project is also planned with 183 market-rate apartments, creating a substantial residential component within the same development.
The property is located at 900 3rd Street SE, Unit 800, in Cedar Rapids’ NewBo neighborhood. Its frontage along 3rd St. SE provides a prominent street presence, while neighborhood amenities are within walking distance. Suite sizes are flexible, allowing commercial occupants to evaluate configurations suited to their operational requirements.
The property is located at 900 3rd Street SE, Unit 800, in Cedar Rapids’ NewBo neighborhood. Its frontage along 3rd St. SE provides a prominent street presence, while neighborhood amenities are within walking distance. Suite sizes are flexible, allowing commercial occupants to evaluate configurations suited to their operational requirements.
Key Highlights
- First‑floor commercial suites with flexible available configurations
- South end‑cap space includes an outdoor patio for restaurant use
- Mixed‑use development includes 183 market‑rate apartments
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial suites occupy a new neighborhood development with amenities within walking distance.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 800 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: First‑floor commercial suites with flexible available configurations; South end‑cap space includes an outdoor patio for restaurant use; Mixed‑use development includes 183 market‑rate apartments
