Brentwood Square Shopping Center

Investment Overview

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.

Investment 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
• Long-Term Lease Stability – 72% of the center leased through 2030 or beyond, anchored by Ladybug Daycare (2032) and Annie’s Restaurant (2030)
• Strong Tenant Retention – Most tenants have renewed multiple times
• Signalized Hard Corner – Nearly 1,000’ of frontage on Kensington and Wolf; 175 parking spaces
• Future Development Opportunity – 1 acre along Kensington Rd. with potential for a future retail pad or multifamily development (subject to approvals)