Property details

Erf size:
3,506 m²

Prime Investment Opportunity in the CBD

The property is situated in a prominent position within the Nairobi CBD at the junction of Tom Mboya Street and Hakati Road. Notable establishments in the immediate neighborhood includes The KICC, Times Tower, Cooperative House, National Bank House, Development House, Kencom House, the Nairobi's main bus station and the railway station among others. The property has frontage to Tom Mboya Street and Hakati Road. Due to its strategic location along Hakati Road, the building is exposed to high footfall traffic and excellent prominence. The property enjoys a strong demand for retail and office space from both big retailers and small exhibition stall operators – mainly dealing in fast food, fashion, and electronics. In addition, the exceptional and central location offers easy access to most business districts of the City. Tom Mboya Street is a busy commercial thoroughfare linking Haile Selassie Avenue and Murang'a Road within Nairobi's Central Business District. The neighborhood is dominated by a stretch of high-rise mixed-use commercial buildings. This is a mixed-use, six-story commercial building with a total lettable area measuring circa 29,300 sq ft. The building was substantially renovated in 2016 and comprises retail spaces on the lower floors and offices on the upper floors. One of the prominent retailers in the building is Bata Shoe Company. Ancillary structures within the demised property include a generator block and two ablution blocks. One passenger lift is in place to facilitate access to the upper floors CCTV cameras have been installed and placed at vantage points on each floor and a security room is situated on the 1st floor. The mains water supply is connected to the property and an underground water storage tank with a capacity of 70,000 liters has been installed. Additionally, another water storage tank on the rooftop with a capacity of 36,000 liters has been installed. Main electricity services are connected to the property. This has been supplemented by a 232 KVA backup generator and the drainage is to the mains sewer. Solar rooftop panels have been installed to support the common area power consumption.

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Tom Mboya Street, Central Business District

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