Loftus

900 3rd St SE, Cedar Rapids, IA 52401

Property Information

  • For Lease $18.95/SF/YR
  • Property Type Retail - Strip
  • Property Size 252,815 SF
  • Lot Size 2.41 Acre
  • Year Built 2025
  • Date Updated May 15, 2026

Description

Located in the heart of the NewBo neighborhood. NewBo is a hip, historic neighborhood offering fun and unique dining, shopping, music and art.Welcome to Loftus, The NewBo neighborhood’s newest mixed-use project. This property offers an exceptional opportunity for businesses seeking a vibrant neighborhood with amenities within walking distance. Flexible commercial suite sizes available on the 1st floor. Highly visible site with 3rd St. SE frontage. This project will feature 183 market rate apartments, offering a unique opportunity for commercial occupants. The south end-cap space features an outdoor patio, perfectly suited for a restaurant. $10/SF Tenant Improvement Allowance offered for qualified tenant and terms. Disclosure: Developer and ownership entity includes licensed real estate professionals in the state of Iowa. Listing agents are related to a member of the ownership entity.

Highlights

  • 1,500 -14,125 SF available
  • End-cap restaurant opportunity with patio
  • Flexible 1st floor suite sizes

1 Space Available

Available

Space Type

Retail

Lease Rate

$18.95/SF/YR

Total Space

14,125 SF

Divisible Space

1,500 - 14,125 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Adam Gibbs, SIOR

GLD Commercial

Location

Contact Listing Broker
Adam Gibbs, SIOR

GLD Commercial

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