MURIVESTNairobi Private Office
Mithoo House Commercial Building in Nairobi Town CBD Properties for Sale Murivest Realty
Commercial OfficeFor Sale87% Occupied

Mithoo House Commercial Building in Nairobi Town CBD Properties for Sale Murivest RealtyEstablished Commercial Building in Nairobi's CBD Commercial Corridor

River Road, Nairobi CBD, Nairobi, Nairobi County 00200

Indicative Value

KES 4 Billion

KSh 4,000,000,000

Net Yield

9%

Institutional Grade Asset

Investment Returns Analysis

Monthly Income30000000
Annual Income360000000
Appreciation8%
Target ROI15%

Executive Summary

Mithoo House is a well-established commercial building located on River Road in the Nairobi CBD, one of the city's highest-footfall commercial streets. River Road is the traditional hub of Nairobi's wholesale, retail, and informal trading economy, and Mithoo House has been a long-standing fixture of this corridor. The building derives its name from Madatali Chatur's family name (Mithoo). Reported value of approximately KES 2 billion, making it one of the most significant standalone buildings in the River Road commercial strip. Mithoo Business Center is designed to cater to diverse business needs, providing a secure and convenient environment for both established and growing enterprises. Here’s what makes it the ideal location for your business: Strategic Location: Situated along Moi Avenue, one of Nairobi’s busiest streets, ensuring maximum visibility and accessibility for your business. Varied Shop Sizes: Choose from different shop sizes to suit your business needs, whether you’re setting up a retail store, an office, or a service-based enterprise. 24-Hour Security: Enjoy peace of mind with round-the-clock security, ensuring the safety of your business and customers. Reliable Water Supply: A borehole on-site ensures a consistent and uninterrupted water supply. ✅ Power Backup: The business center is equipped with a backup generator to keep your business running smoothly even during power outages. ✅ Efficient Accessibility: The building features three passenger lifts and two service lifts, making movement seamless for both customers and business owners. A Thriving Business Environment Being in close proximity to major commercial hubs, banks, restaurants, and transport facilities, Mithoo Business Center is positioned to offer an excellent business environment. The high pedestrian traffic around Moi Avenue and Khoja Mosque ensures that businesses operating from this location get optimal exposure. Secure Your Space Today! Don’t miss this opportunity to establish your business in one of Nairobi’s most vibrant locations. Contact us today for inquiries and viewings.

Key Investment Attributes

Landmark position on River Road
Established retail and commercial tenancy base
Strong Cashflows - recurring rental income
24-Hour Security
A borehole on-site

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

99,300 sqft

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.