MURIVESTNairobi Private Office
Prime Commercial Building for sale on Muindi Mbingu Street, CBD
Commercial OfficeFor Sale100% Occupied

Prime Commercial Building for sale on Muindi Mbingu Street, CBDA strategically positioned 2-Storey commercial building for sale in Nairobi’s CBD, on Muindi Mbingu Street.

Muindi Mbingu Street, Nairobi, Nairobi County 00200

Indicative Value

KES 190,000,000

KSh KES 190,000,000

Net Yield

13%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKES 15,500,000
Annual IncomeKES 18,600,000
Appreciation5%
Target ROI15%

Executive Summary

A strategically positioned 2-Storey commercial building for sale in Nairobi’s CBD, on Muindi Mbingu Street. The building is currently tenanted with an occupation level of approximately 90%. The ground floor has been subdivided into 10 retail shops; while the upper floor is currently tenanted by an academic institution. The 11,500 sqft. property is set on 0.2594 of an acre, presenting an outstanding opportunity for investors or businesses seeking prominence in one of the city’s busiest commercial zones. As a result of the prime location of the property, there is significant footfall, a luxury for retailers and entities that thrive in a bustling environment. There is efficient access to transportation channels, for both private and public means. ASKING PRICE: From KES 200 Million.

Key Investment Attributes

Great location
Consistent Cashflows
Room for Rent Increase

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

0.1331 Acre(s)

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.