Invest in a premium Grade A office space in the heart of Kilimani, offering an impressive 11%+ return. This well-located property is already occupied by a long-term tenant, ensuring stable rental income and hassle-free management.
In today's market, securing a high-yield commercial asset like this presents an exceptional opportunity to grow and diversify your portfolio. Don't miss out on this prime investment in one of Nairobi's most sought-after business districts.
The property is a unique duplex well fitted with an open plan office that consists of private offices, meeting rooms and a boardroom. It is in a great location with close proximity to Yaya Center and Ad Life Shopping Center. The office is easily accessible by both private and public means of transportation.
Salient features:
Size: 7,060 Sqft ( Made up of two office spaces;)
13-A2 - 3,552 square feet
13-A1 - 3,508 Square feet
Price: 11,500 per square foot
Current Monthly Income;
13-A2 Kshs. 397,137.50/-
13-A1 Kshs. 378,864.00/-
Approximate Annual Income - Ksh 9,312,018/-
Lease tenure:
13-A2 5 years 3 months from August 2021 (escalation 7.5%)
13-A1 5 years 3 months from February 2024 (escalation 5%)