
ksh420,000,000
Nairobi, CBD, Nairobi, Nairobi, Kenya
When scale, location and income converge in a single asset, the investment case writes itself. This is that asset. Positioned on Ronald Ngala Street, 415 metres off Moi Avenue in the heart of Nairobi's Central Business District, this eight-storey commercial tower represents one of the most substantial commercial acquisitions currently available in East Africa's premier business capital. The building comprises two basement levels, ground floor, mezzanine and four upper floors — delivering a total lettable area of 57,329 sq.ft of premium office and commercial space. It is fully tenanted by a diversified mix of retail operators, corporates and learning institutions, generating KES 36.8 Million in annual income at 100% occupancy. Leasehold title: LR. NO 209/2300. 0.23 acres. Commercial zoning. Rectangular plot. All services connected including electricity, water, sewer and fibre. Onsite optical fibre from Safaricom. Building in excellent condition with exceptional amenities. For the growth-oriented investor: the building has capacity for additional floors — a clear value-add path beyond the existing income stream. At KES 420 Million for nearly 60,000 sq.ft in a CBD location, the price per square foot benchmarks favourably against comparable assets in Lagos, Accra or Johannesburg — with the added advantage of Nairobi's political stability, growing tech economy and East African gateway status. Listing agent: Laser Property Services · CPF Financial Services Group, Nairobi
Building Size
57329.71 sqft
Exterior Size
Not specified
House Number
Not specified
Apartment
Country
Kenya
State
Nairobi
City
Nairobi
Address
Nairobi, CBD
Rental yield estimate, appreciation projection, comparable property analysis, and a market risk signal based on current verified listings.
Alvin KibanyaVerified Seller
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Nairobi, CBD
Location not available for this property.
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