
Sohali Building Commercial Property For Sale In Nairobi CbdPrime Investment Opportunity for sale within the Nairobi CBD
Indicative Value
KES80,000,000
KSh KES80,000,000
Net Yield
9.5%
Institutional Grade Asset
Investment Returns Analysis
Executive Summary
A compelling value-add opportunity to acquire a fully income-producing, three-storey commercial building in Nairobi's established River Road commercial corridor. The Sohali Building offers immediate cash flow certainty with 100% occupancy and a contracted monthly income of KES 800,000, representing an attractive 12% gross yield at the asking price. This 1,200 sqm asset is strategically positioned near KCB Bank's River Road branch, benefiting from the dense commercial activity, transportation connectivity, and established SME tenant demand that characterizes this traditional business district. While the building requires capital investment for modernization given its current "Old" condition classification, the fully leased status provides income stability during any value-enhancement works. The property presents an ideal entry point for investors seeking yield-focused commercial real estate with clear upside potential through refurbishment and rental repositioning. The constrained parking provision (1 space) reflects typical CBD constraints, with tenants benefiting from proximity to public transport nodes and alternative parking solutions in the surrounding area.
Key Investment Attributes
Asset Specifications
Visual Documentation
Exclusive Mandate
Direct representation by Murivest
Total Area
1,200 sqm
This memorandum is confidential and provided for qualified investors only. All figures are indicative and subject to final due diligence.
