New Mixed-Use Commercial
For Lease
$18 SF/Yr
900 3RD Street SE Unit 500, Cedar Rapids, IA 52401
First-floor commercial suites offer flexible sizing within a development planned to include 183 market-rate apartments.
Space SizeContact for details
Days on Market572
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Property Features for 900 3RD Street SE Unit 500
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
Amenities
outdoor patio
Building Details
Year Built
2025
Tenancy
Multi
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs · License #B43857000
(319) 731-3415
Source:
Cbhrealty
Added: Mar 23, 2025
Changed: Oct 15
Last Checked: Oct 14 at 11:49PM
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.
This mixed-use commercial development includes flexible suite options on the first floor, with space designed for a range of commercial occupants. The south end-cap includes an outdoor patio, supporting restaurant-oriented use. The project is identified as a 2025 development and is planned to include 183 market-rate apartments.
The property carries frontage along 3rd St. SE and is located at 900 3rd Street SE, Unit 500, in Cedar Rapids, Iowa. Its commercial component is integrated with the larger residential project, providing a combined retail and apartment setting. Available suite sizes are flexible, allowing the commercial layout to be matched to occupant requirements.
The property carries frontage along 3rd St. SE and is located at 900 3rd Street SE, Unit 500, in Cedar Rapids, Iowa. Its commercial component is integrated with the larger residential project, providing a combined retail and apartment setting. Available suite sizes are flexible, allowing the commercial layout to be matched to occupant requirements.
Key Highlights
- First‑floor commercial suites with flexible sizing
- South end‑cap space includes an outdoor patio
- Planned development includes 183 market‑rate apartments
Property Analytics
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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
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Market
Lease Benchmarks for Cedar Rapids, IA
$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size
This space is priced 2% above the average of $17.73 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial suites offer flexible sizing within a development planned to include 183 market-rate apartments.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 500 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 sizing; South end‑cap space includes an outdoor patio; Planned development includes 183 market‑rate apartments
