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Mixed-Use Project with End-Cap Patio
For Lease
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900 3RD Street SE Unit 100, Cedar Rapids, IA 52401

Flexible first-floor suites are part of a new mixed-use development with market-rate apartments.

Space SizeContact for details
Days on Market604

Property Features for 900 3RD Street SE Unit 100

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
Listed By: Adam Gibbs
Source: Cbhrealty
Added: Jan 3, 2025 Changed: Aug 29 Last Checked: Aug 29 at 6:45PM

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 completed in 2025 with flexible commercial suites on the first floor. The project includes 183 market-rate apartments, creating a substantial residential component above or alongside the commercial offering. A south end-cap suite includes an outdoor patio and is identified for restaurant use.

The property is located at 900 3rd Street SE, Unit 100, in Cedar Rapids’ NewBo neighborhood. Commercial frontage along 3rd Street SE provides exposure within the surrounding neighborhood setting, while nearby amenities are described as accessible on foot. Suite sizes are flexible, supporting a range of commercial space requirements.

Key Highlights

  • 2025 mixed‑use development at 900 3rd Street SE, Unit 100
  • 183 market‑rate apartments included in the project
  • Flexible commercial suites located on the first floor

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

Multi-tenant
Tenancy
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 - Flexible first-floor suites are part of a new mixed-use development with market-rate apartments.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 100 Cedar Rapids, IA.
What are key features of this property?
This property features: 2025 mixed‑use development at 900 3rd Street SE, Unit 100; 183 market‑rate apartments included in the project; Flexible commercial suites located on the first floor
More about this property
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