Kenya Comfort Hotel - Commercial Hotel Building for Sale in Nairobi CBD | Leaseback Opportunity
HospitalitySale & Leaseback100% Occupied

Kenya Comfort Hotel - Commercial Hotel Building for Sale in Nairobi CBD | Leaseback Opportunity3,530m² Business For Sale in Nairobi CBD

Monrovia Street, Nairobi, Nariobi 00100

Indicative Value

KES580,000,000

KSh KES580,000,000

USD $4.5M

GBP £4M

Net Yield

10.2%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKsh4.5M
Annual IncomeKsh54M
Appreciation5%
Target ROI13%

Executive Summary

Discover a rare investment opportunity in the heart of Nairobi. A landmark commercial building for sale in Nairobi CBD. Strategically located at the corner of Monrovia Street and Muindi Mbingu Street, directly opposite the iconic Jevanjee Gardens, this property enjoys unmatched visibility, accessibility, and foot traffic. Currently housing the Kenya Comfort Hotel with vibrant retail outlets on the ground floor, the building offers a secure and high-yield investment. The seller is offering a sale and leaseback arrangement at Kshs 4.5 Million per month exclusive of V.A.T, guaranteeing a strong 8%+ rental yield from day one. Key Highlights: Prime CBD Location – Situated in Nairobi’s Uptown district with direct access to major roads and swift connectivity to the Expressway. Diverse Income Streams – Retail units on the ground floor and hotel operations above provide steady and diversified revenue. Secure Leaseback – Seller to lease back the entire building at Kshs 4.5M/month exclusive of V.A.T, offering investors immediate, predictable cash flow. Future Growth Potential – The building’s solid structure allows for additional floors, unlocking opportunities to increase lettable space and maximize rental income. This is a trophy asset in Nairobi CBD, ideal for investors seeking long-term rental yields with excellent capital appreciation potential.

Key Investment Attributes

Floor size 3530m²
Leaseback @KES4.5M/mo
Nairobi’s Uptown district

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

38,000 sqft

Mandated Advisor

Murivest Realty

Murivest Realty

Investment Advisory

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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