Mixed-Use Commercial
For Lease
$18 SF/Yr
900 3RD Street SE Unit 200, Cedar Rapids, IA 52401
Flexible first-floor space with street frontage and access to neighborhood amenities within walking distance.
Space SizeContact for details
Days on Market509
Property Features for 900 3RD Street SE Unit 200
General Information
Standard status
Active
Lease Term
[]
Building Details
Year Built
2025
Listing Agency:
GLD Commercial Real Estate Advisors
Listed By:
Adam Gibbs
(319) 364-8121
Source:
Cbhrealty
Added: Apr 8, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:42PM
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 with flexible commercial suites on the first floor. The project is scheduled for completion in 2025 and will include 183 market rate apartments, creating a residential component within the property. The south end-cap suite includes an outdoor patio and is identified as suitable for restaurant use.
The property is located at 900 3rd Street SE, Unit 200, in Cedar Rapids, with frontage along 3rd St. SE. Its NewBo neighborhood setting offers nearby amenities within walking distance. Commercial occupants can evaluate suite configurations based on their space requirements, with first-floor availability within the new development.
The property is located at 900 3rd Street SE, Unit 200, in Cedar Rapids, with frontage along 3rd St. SE. Its NewBo neighborhood setting offers nearby amenities within walking distance. Commercial occupants can evaluate suite configurations based on their space requirements, with first-floor availability within the new development.
Key Highlights
- New mixed‑use project scheduled for completion in 2025
- Flexible commercial suites available on the 1st floor
- 183 market rate apartments planned within the 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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible first-floor space with street frontage and access to neighborhood amenities within walking distance.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 200 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: New mixed‑use project scheduled for completion in 2025; Flexible commercial suites available on the 1st floor; 183 market rate apartments planned within the project
