Brentwood Square Shopping Center

1706-1742 E. Kensington Rd., Mount Prospect, IL 60056

Property Information

  • For Sale $6,725,000
  • Property Type Retail - Street Retail
  • Property Size 33,152 SF
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 5, 2026

Description

Brentwood Square Shopping Center benefits from a well-established Mount Prospect location with everyday convenience and strong neighborhood activity. The area is anchored by a mix of dining, services, schools, and recreation that supports steady local traffic and repeat visits throughout the day. Nearby points of interest include Randhurst Village Shopping Center, Nicholas Sportsplex, and River Trails Middle School. The location is also positioned at Kensington Rd. & Wolf Rd., with access to Pace Bus service at River Rd. & Kensington and connectivity to Rand Rd. (12) and Kensington Rd. For retail investors or tenants, Mount Prospect offers a practical, community-oriented setting with a proven mix of surrounding commercial and daily-use destinations.Jameson Commercial is pleased to present 1706-1742 E Kensington Rd., Brentwood Square, a fully leased ±33,152 SF neighborhood shopping center situated on ±4.25 acres at the signalized hard corner of Kensington Rd. and Wolf Rd. in Mount Prospect. The property features 14 service-driven tenants, approximately $504,351 in in-place NOI, and a 7.50% cap rate with contractual rent increases supporting projected NOI growth to approximately $550,600 by Year 4. Long-term tenancy, 2.5% average annual rent increases, and approximately 72% of the center leased through 2030 or beyond provide strong income stability. The property also offers nearly 1,000 feet of combined frontage, approximately 175 parking spaces, and an additional ±1 acre with potential for future retail pad or multifamily development, subject to approvals.

Highlights

  • 100% Leased 33,152 SF neighborhood center with 14 daily-needs tenants
  • Built-In NOI Growth $504,351 in place, projected to $527,000 in Year 2 and $550,600 by Year 4
  • Future Development Opportunity 1 acre along Kensington Rd. with potential for a future retail pad or multifamily development (subject to approvals)
  • Long-Term Lease Stability 72% of the center leased through 2030 or beyond, anchored by Ladybug Daycare (2032) and Annie’s Restaurant (2030)
  • Signalized Hard Corner Nearly 1,000’ of frontage on Kensington and Wolf; 175 parking spaces
  • Strong Tenant Retention Most tenants have renewed multiple times

Contacts

Location

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