205 Balsam St N | Cambridge, MN 55008
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- LoopNet Team
205 Balsam St N
Cambridge, MN 55008
Harbor Freight Tools Single Tenant Net Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Harbor Freight Tools Corporate NN Lease – 2021 Store – Recent 10-year Primary Lease Term – Fee Simple (Land & Building)
- Directly on MN State Hwy 95/Balsam St and next to On-Ramp with MN State Hwy 65 (35,000+ Combined Cars Per Day)
- Nearby Major Traffic-Generating Retailers Walmart Supercenter, Target, Cub Foods, ALDI, Fleet Farm, Menards, Applebee’s, Verizon, Wendy’s
- Target-Anchored Shopping Center – Main Retail Corridor – Complete Mill & Repaving of Parking Lot (2024)
- Premier Retail Location in Cambridge, Minnesota (Minneapolis – St Paul MSA)– County seat of Isanti County – 4 County Wide Customer Draw
- Scheduled Rent Increases and Options with Increases – Inflation Hedge – Attractive Upcoming 10% increase (8/1/2026)
PROPERTY FACTS
Property Type
Building Size
17,643 SF
Building Class
B
Year Built/Renovated
2006/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.40 AC
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 15.195.0010 | Improvements Assessment | $693,600 |
| Land Assessment | $243,900 | Total Assessment | $937,500 |
PROPERTY TAXES
Parcel Number
15.195.0010
Land Assessment
$243,900
Improvements Assessment
$693,600
Total Assessment
$937,500
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