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Street-Front Retail End-Cap
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900 3rd St SE, Cedar Rapids, IA 52401

Ground-floor retail end-cap includes an outdoor patio, with prominent 3rd St. SE frontage and 1st-floor commercial suite options.

Space SizeContact for details
Days on Market49

Property Features for 900 3rd St SE

General Information

Standard status Active

Additional Details

Road Access Yes
Multifamily Units 183

Amenities

outdoor patio

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 21 Changed: Aug 24 Last Checked: Sep 7 at 12:31PM

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 development with flexible commercial suite sizes available on the 1st floor, offering storefront space for a range of business needs. The south end-cap space includes an outdoor patio, making it especially suitable for a restaurant concept. For qualified tenants and acceptable terms, a $10/SF tenant improvement allowance is offered.

The property is designed to be highly visible, with frontage on 3rd St. SE. The project will also include 183 market-rate apartments, creating an on-site residential population for commercial occupants.

The offering includes retail space within the mixed-use project, with the end-cap configuration and patio feature highlighted in the south suite.

Key Highlights

  • Year built 2025 mixed‑use project with flexible 1st‑floor commercial suite sizes
  • South end‑cap retail space includes an outdoor patio
  • Highly visible site with 3rd St. SE frontage

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

183
Residential units
Yes
Paved road access
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail end-cap includes an outdoor patio, with prominent 3rd St. SE frontage and 1st-floor commercial suite options.
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 mixed‑use project with flexible 1st‑floor commercial suite sizes; South end‑cap retail space includes an outdoor patio; Highly visible site with 3rd St. SE frontage
More about this property
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