Basl House 1,764 sqm Commercial Office Building  in Nairobi CBD
Commercial OfficeFor Sale100% Occupied

Basl House 1,764 sqm Commercial Office Building in Nairobi CBDPrime Investment Opportunity for sale within the Nairobi CBD

Kumasi Road, Nairobi, Nariobi 00100

Indicative Value

KES190,000,000

KSh KES190,000,000

USD $1,400,000

GBP £1,100,000

EUR €900,000

Net Yield

10%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKES1,500,000
Annual IncomeKES18,000,000
Appreciation5%
Target ROI13%

Executive Summary

The commercial property is in an excellent location within the Nairobi CBD along 5 Kumasi Road off Kirinyaga Road in Nairobi CBD. The exceptional and central location offers easy access to most business districts of the City. This four storey building comprises of circa 18,988 square feet of gross lettable area and sits on approximately 0.17 acres. The property is currently 100% occupied and leased to multiple tenants generation exceptional annual rental returns. Due to it’s strategic location the building is exposed to high footfall traffic and high demand for retail and storage facilities or alternative uses.

Key Investment Attributes

90% occupied
0.17 acres Land
Long Leasehold

Asset Specifications

Floor Loading6 floors

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

20,000 sq ft

Mandated Advisor

M

Mark Muriithi

Investment Advisory

Schedule Consultation

This memorandum is confidential and provided for qualified investors only. All figures are indicative and subject to final due diligence.

Mandated Advisory

All information contained herein is provided for informational purposes only and should not be construed as investment advice. Past performance is not indicative of future returns. Available exclusively to mandated partners and qualified institutional investors under NDA. Murivest Realty Ltd is a licensed real estate agency regulated by the Estate Agents Registration Board of Kenya.

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