Mixed-Use Property with
For Lease
$19 SF/Yr
900 3rd St SE #Restaurant A, Cedar Rapids, IA 52401
Ground-floor commercial suites are offered in flexible sizes within a project planned to include 183 apartments.
Space SizeContact for details
Days on Market566
Property Features for 900 3rd St SE #Restaurant A
General Information
Standard status
Active
Zoning
Urban Neighborhood Genera
Space & Availability
Floor
1
Space Use
Restaurant
Additional Details
TI Allowance
$10 /SF
End Cap
Yes
Patio
Yes
Amenities
outdoor patio
Building Details
Year Built
2025
Tenancy
Multi
Listing Agency:
GLD Commercial Real Estate Advisors
(319) 731-3410
Listed By:
Adam Gibbs · License #B43857000
(319) 721-1520
Source:
Kalonarealty
Added: Apr 8, 2025
Changed: Oct 24
Last Checked: Oct 24 at 2:33PM
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
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Investment Insights
Based on property information with market context.
Scheduled for completion in 2025, this mixed-use development includes ground-floor commercial suites available in flexible sizes. The south end-cap suite has an outdoor patio, a feature suited to restaurant use.
The site fronts 3rd St. SE in Cedar Rapids’ NewBo neighborhood. Plans call for 183 market-rate apartments within the project, alongside the commercial space.
The site fronts 3rd St. SE in Cedar Rapids’ NewBo neighborhood. Plans call for 183 market-rate apartments within the project, alongside the commercial space.
Key Highlights
- Planned development includes 183 market‑rate apartments
- Flexible‑size commercial suites on the ground floor
- South end‑cap suite includes an outdoor patio
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.85 /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
$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size
This space is priced 7% above the average of $17.73 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial suites are offered in flexible sizes within a project planned to include 183 apartments.
Where is this mixed-use property located?
The property is located at 900 3rd St SE #Restaurant A Cedar Rapids, IA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Planned development includes 183 market‑rate apartments; Flexible‑size commercial suites on the ground floor; South end‑cap suite includes an outdoor patio
