Building For Sale In Westlands

A rare and highly attractive investment opportunity is now available in one of Nairobi’s most sought-after locations. This well-maintained commercial building offers a strong income return, high occupancy, and excellent potential for long-term value growth.

The property is being offered for sale at an asking price of one billion two hundred million Kenya shillings . It is situated on a half-acre plot and features a spacious building with a total area of one hundred and nineteen thousand square feet . Out of this, approximately eighty-five thousand square feet is lettable space, making it ideal for a variety of commercial tenants.

Currently, the building maintains a high occupancy rate of ninety-five percent. This demonstrates consistent demand from tenants and ensures a reliable income stream for the new owner. The lease rates vary across units, but on average, the property earns eighty Kenya shillings per square foot , which is competitive within the market. In addition, there is a service charge of twenty Kenya shillings per square foot , helping to cover maintenance and operational expenses.

This results in a stable annual rental income of approximately ninety million Kenya shillings . Such performance makes the asset not only appealing for immediate cash flow but also for its long-term investment value.

Why Invest in This Property?

This is a well-located and well-performing asset that presents several advantages to serious investors. Nairobi continues to experience growth in commercial real estate, and properties with high occupancy and regular income are highly valued.

The property benefits from its strategic location, which supports tenant retention and rent stability. It is suitable for a wide range of businesses including office tenants, retail shops, and service providers.

With a clean title and ready documentation, the transfer process can be completed smoothly and efficiently. There is also room to enhance returns through rent optimization, property upgrades, or phased expansion, depending on future plans.

This commercial property represents a valuable opportunity for investors seeking a stable and profitable asset in Nairobi’s dynamic real estate market. With its high occupancy, strong income generation, and strategic location, it offers both immediate returns and long-term appreciation potential.