Mixed-Use Property with Retail
For Lease
Contact for pricing
900 3rd St SE, Cedar Rapids, IA 52401
First-floor commercial suites provide flexible space within a new residential mixed-use development.
Space Size14,125 SF
Days on Market499
Property Features for 900 3rd St SE
General Information
Standard status
Active
Size
14,125 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Floor
1
Space Use
Restaurant
Additional Details
TI Allowance
$10 /SF
End Cap
Yes
Patio
Yes
Amenities
outdoor patio
Building Details
Tenancy
Multi
Spaces For Lease
at 900 3rd St SE Contact us- Floor
- 1
- Size
- 14,125 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Completion
- Sublease
- No
Loftus | Retail/Office Space for Lease $18.95/SF/Yr
Location Overview:
Located in the heart of the NewBo neighborhood. NewBo is a hip,...
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Listing Agency:
GLD Commercial
(319) 731-3415
Listed By:
Adam Gibbs · License #B43857000
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Aug 19
Last Checked: Aug 29 at 2:07PM
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 2025 mixed-use development with 7,470 square feet of commercial space organized into flexible first-floor suites. The south end-cap includes an outdoor patio, adding a defined exterior component for a restaurant-oriented use. The commercial offering is integrated with a residential project planned to include 183 market-rate apartments.
The property occupies a highly visible position at 900 3rd St. SE in Cedar Rapids’ NewBo neighborhood, with frontage along 3rd St. SE. Its combination of ground-floor commercial space, residential scale, and neighborhood setting supports a range of business configurations within the development.
The property occupies a highly visible position at 900 3rd St. SE in Cedar Rapids’ NewBo neighborhood, with frontage along 3rd St. SE. Its combination of ground-floor commercial space, residential scale, and neighborhood setting supports a range of business configurations within the development.
Key Highlights
- 7,470 square feet of commercial space
- Flexible first‑floor commercial suites
- South end‑cap space includes an outdoor patio
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.84 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,597
Businesses Nearby
Explore this area
Business Placement
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 9% above the average of $17.39 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor commercial suites provide flexible space within a new residential mixed-use development.
Where is this mixed-use property located?
The property is located at 900 3rd St SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $18.95 SF/Yr.
What are key features of this property?
This property features: 7,470 square feet of commercial space; Flexible first‑floor commercial suites; South end‑cap space includes an outdoor patio
