Harbor Freight Tools Retail
For Sale
Contact for pricing
205 Balsam St N, Cambridge, MN 55008
Single-tenant retail property with 2021 renovations, refreshed building systems, and placement within a Target-anchored shopping center.
Property SizeContact for details
Days on Market144
Property Features for 205 Balsam St N
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Target
Traffic Count
24,700 vehicles/day
Highway Access
Yes
Building Details
Year Renovated
2021
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marc Mandel · License #NJ
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:59PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This single-tenant retail property in Cambridge is occupied by Harbor Freight Tools under a lease with seven years remaining in the base term. Contractual rent increases are set at 10% every 5 years, including option periods. A 2021 renovation brought new restrooms and HVAC units to the interior, while the exterior work included updated storefront and façade elements. The parking lot was repaired, sealed, and restriped.
The property fronts MN-95/1st Avenue East, which records 24,700 VPD, and sits within a Target-anchored shopping center. Access to MN-65/Chip A. Imker Memorial Highway is less than 0.5 mile away; that route carries 12,800 VPD. The site is at 205 Balsam St N in Cambridge, Minnesota, approximately 40 miles from Minneapolis and St. Paul.
The property fronts MN-95/1st Avenue East, which records 24,700 VPD, and sits within a Target-anchored shopping center. Access to MN-65/Chip A. Imker Memorial Highway is less than 0.5 mile away; that route carries 12,800 VPD. The site is at 205 Balsam St N in Cambridge, Minnesota, approximately 40 miles from Minneapolis and St. Paul.
Key Highlights
- Harbor Freight Tools occupies the property under a lease with seven years remaining in the base term
- 2021 renovation added new restrooms and HVAC units and refreshed the storefront and façade
- 10% rental increases occur every 5 years, including option periods
Property Analytics
Property Profile
Current Use
Lease Details
24,700 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
491k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Dining 19%
Apparel 18%
Home Improvements & Furnishings 15%
Walmart
Superstores
90,980 visits/mo
0.2 miles
Target
Superstores
53,505 visits/mo
0.1 miles
Fleet Farm
Apparel
46,670 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
45,237 visits/mo
0.3 miles
Kohl's
Apparel
26,361 visits/mo
0.3 miles
Demographics for 55008, MN
16,514
Population
6,851
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
100.4 sq mi
ZIP Area
164
Density / Sq Mi
$83,209
Median Household Income
$47,992
Median Earnings
$1,255
Median Rent
$267,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant retail property with 2021 renovations, refreshed building systems, and placement within a Target-anchored shopping center.
Where is this retail space located?
The property is located at 205 Balsam St N Cambridge, MN.
What are key features of this property?
This property features: Harbor Freight Tools occupies the property under a lease with seven years remaining in the base term; 2021 renovation added new restrooms and HVAC units and refreshed the storefront and façade; 10% rental increases occur every 5 years, including option periods
