Fully Leased Neighborhood Shopping
1706-1742 E Kensington Rd., Mount Prospect, IL 60056
For Sale
Contact for pricing
Fourteen service-oriented businesses occupy the center, with contractual rent increases and substantial long-term tenancy.
Property Size33,152 SF
Lot Size4.25 Acres
Days on Market40
Property Features for 1706-1742 E Kensington Rd.
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Net Operating Income
Additional Details
Cap Rate
Corner Location
Tenant in Place
Building Details
Tenancy
Listing Agency:
Jameson Commercial Real Estate
Listed By:
Brad Bendersky · License #IL 475154481
(312) 375-3355
Source:
Crexi
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 5:36PM
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 Jameson Commercial Real Estate
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Investment Insights
Based on property information with market context.
Brentwood Square is a 33,152-square-foot neighborhood shopping center on approximately 4.25 acres. Fourteen service-oriented tenants occupy the property, and about 72% of the center is leased through 2030 or later. Contractual rent increases average 2.5% annually, and the property has a 7.50% cap rate. An additional approximately 1-acre area may support future retail pad or multifamily development, subject to approvals.
At the signalized intersection of Kensington Road and Wolf Road, the center offers nearly 1,000 feet of combined frontage and approximately 175 parking spaces. Nearby destinations include Randhurst Village Shopping Center, Nicholas Sportsplex, and River Trails Middle School. Pace Bus service is available at River Road and Kensington Road, with connections to Rand Road (12) and Kensington Road.
At the signalized intersection of Kensington Road and Wolf Road, the center offers nearly 1,000 feet of combined frontage and approximately 175 parking spaces. Nearby destinations include Randhurst Village Shopping Center, Nicholas Sportsplex, and River Trails Middle School. Pace Bus service is available at River Road and Kensington Road, with connections to Rand Road (12) and Kensington Road.
Key Highlights
- 33,152‑square‑foot shopping center on approximately 4.25 acres
- 14 service‑oriented tenants; approximately 72% of the center leased through 2030 or beyond
- 7.50% cap rate with contractual rent increases averaging 2.5% annually
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
BP
Shops & Services
4,959 visits/mo
0.5 miles
SUBWAY
Dining
2,954 visits/mo
0.0 miles
Demographics for 60056, IL
57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Market
Properties on Market for Shopping centers in Cook County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - Fourteen service-oriented businesses occupy the center, with contractual rent increases and substantial long-term tenancy.
Where is this shopping center located?
The property is located at 1706-1742 E Kensington Rd. Mount Prospect, IL.
What are key features of this property?
This property features: 33,152‑square‑foot shopping center on approximately 4.25 acres; 14 service‑oriented tenants; approximately 72% of the center leased through 2030 or beyond; 7.50% cap rate with contractual rent increases averaging 2.5% annually
