
Kenya Comfort Hotel - Commercial Hotel Building for Sale in Nairobi CBD | Leaseback Opportunity3,530m² Business For Sale in Nairobi CBD
Indicative Value
KES580,000,000
KSh KES580,000,000
USD $4.5M
GBP £4M
Net Yield
10.2%
Institutional Grade Asset
Investment Returns Analysis
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
Visual Documentation
Exclusive Mandate
Direct representation by Murivest
Total Area
38,000 sqft
This memorandum is confidential and provided for qualified investors only. All figures are indicative and subject to final due diligence.
