Search
Mixed-Use Project with Patio
For Lease
$18 SF/Yr

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

First-floor commercial suites offer flexible configurations along 3rd Street SE.

Space SizeContact for details
Days on Market596

Property Features for 900 3RD Street SE Unit 900

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
183 market rate apartments

Building Details

Year Built 2025
Tenancy Multi
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs
Source: Cbhrealty
Added: Jan 12, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:58PM

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 2025 mixed-use development at 900 3rd Street SE in Cedar Rapids. Commercial space is planned on the first floor, with suite sizes that can be configured for different occupants. The south end-cap includes an outdoor patio, adding an exterior component to the space.

The property fronts 3rd Street SE in the NewBo neighborhood and will include 183 market-rate apartments. Walking-distance neighborhood amenities and the residential component create an integrated setting for commercial users. The available space is offered for lease, with specific suite configurations subject to the leasing plan.

Key Highlights

  • 2025 mixed‑use development at 900 3rd Street SE, Cedar Rapids, IA 52401
  • Flexible commercial suites planned on the 1st floor
  • South end‑cap space includes an outdoor patio

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
$2.70 /SF/Yr
CAM

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

This space is priced 4% above the average of $17.39 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial suites offer flexible configurations along 3rd Street SE.
Where is this mixed-use property located?
The property is located at 900 3RD Street SE Unit 900 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: 2025 mixed‑use development at 900 3rd Street SE, Cedar Rapids, IA 52401; Flexible commercial suites planned on the 1st floor; South end‑cap space includes an outdoor patio
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message