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Retail End-Cap with Outdoor Patio
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900 3rd St SE, Cedar Rapids, IA 52401

Ground-floor end-cap retail suite with an outdoor patio, located on a highly visible 3rd St SE frontage.

Space SizeContact for details
Days on Market49

Property Features for 900 3rd St SE

General Information

Standard status Active

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 21 Changed: Sep 3 Last Checked: Sep 7 at 11:34AM

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 new mixed-use project in the NewBo area featuring flexible commercial suite sizes on the 1st floor. The tenant space includes a south end-cap configuration with an outdoor patio, well-suited for restaurant use based on the provided description.

The site is described as highly visible with frontage on 3rd St. SE. The project will include 183 market-rate apartments, providing a built-in residential population on-site.

For qualified tenants and terms, a $10/SF tenant improvement allowance is offered. Disclosure: the developer and ownership entity includes licensed real estate professionals in the state of Iowa, and the listing agents are related to a member of the ownership entity.

Key Highlights

  • Year built 2025; ground‑floor end‑cap retail suite with an outdoor patio
  • Highly visible location with 3rd St. SE frontage
  • South end‑cap space includes an outdoor patio suited for a restaurant

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

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

$17.44 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
78,535 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 - Ground-floor end-cap retail suite with an outdoor patio, located on a highly visible 3rd St SE frontage.
Where is this mixed-use property located?
The property is located at 900 3rd St SE Cedar Rapids, IA.
What are key features of this property?
This property features: Year built 2025; ground‑floor end‑cap retail suite with an outdoor patio; Highly visible location with 3rd St. SE frontage; South end‑cap space includes an outdoor patio suited for a restaurant
More about this property
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