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South End-Cap Commercial Suite with Patio
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900 3rd St SE, Cedar Rapids, IA 52401

Ground-floor commercial suites with flexible size options, anchored by a south end-cap restaurant space with an outdoor patio.

Space SizeContact for details
Days on Market14

Property Features for 900 3rd St SE

General Information

Standard status Active

Space & Availability

Floor 1
Space Use Restaurant

Additional Details

TI Allowance $10 /SF
End Cap Yes
Patio Yes

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 29 Changed: Jul 30 Last Checked: Aug 10 at 7:56AM

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 featuring ground-floor commercial space with flexible suite sizes. The south end-cap is designed for restaurant use and includes an outdoor patio for guest dining. The project also provides apartment living above the retail, with 183 market-rate apartments planned as part of the overall community.

The property is located at 900 3rd St SE in Cedar Rapids, Iowa, and is positioned for strong visibility with 3rd St SE frontage.

Built for a 2025 delivery, the property totals 6,600 SF of commercial area, offering multiple suite configurations on the 1st floor to support a range of neighborhood-serving concepts.

Key Highlights

  • New mixed‑use project with 1st‑floor commercial suite options
  • South end‑cap restaurant space with an outdoor patio
  • 3rd St SE frontage for visibility

Property Analytics

Current Use

Conventional restaurants

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

4,082
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

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 commercial suites with flexible size options, anchored by a south end-cap restaurant space with an outdoor patio.
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: New mixed‑use project with 1st‑floor commercial suite options; South end‑cap restaurant space with an outdoor patio; 3rd St SE frontage for visibility
More about this property
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