1-K LIVE 0001867706 XXXXXXXX N false N 12-31-2025 Annual Report 12-31-2025 GCPF Management LLC 718 Washington Ave N, Suite 400 Minneapolis MN 55401 651-999-5344 Class A Interests (Unit) Class B Interests (Unit) Gratus Capital Properties Fund III LLC 0001867706 DE 85-4126748 false 024-11552 12-01-2021 12-03-2021 7500000 1466747 12.2900 15365126.56 0.00 0.00 WealthForge 158297.00 0.00 Boladale Lawal & Co 91963.00 Dodson Robinette PLLC 95000.00 0.00 Fund Compliance Services, LLC 15284.00 152550 15004583.00 Company's former auditor was BF Borgers CPA, PC