Uchumi House Commercial Office Building For Sale in Nairobi CBD
Commercial OfficeFor Sale93% Occupied

Uchumi House Commercial Office Building For Sale in Nairobi CBDIconic commercial office tower in Nairobi CBD

Aga Khan Walk, Nairobi, Nairobi 00100

Indicative Value

KSh 520M

KSh KSh 520M

USD $4,000,000

GBP £3,300,000

EUR €4,000,000

Net Yield

9%

Institutional Grade Asset

Investment Returns Analysis

Monthly Income3,500,000
Annual Income45,000,000
Appreciation5%
Target ROI13%

Executive Summary

Prime Location: The 0.2893-acre rectangular plot is situated in the heart of the CBD, ensuring easy access for tenants and employees. Level Terrain: The property's level terrain simplifies construction and maximizes usable space. Developed Property: A five-story commercial building with a basement and mezzanine provides immediate rental income and eliminates the need for upfront development costs. Established Neighborhood: The surrounding area is a thriving commercial zone with a mix of office developments and retail user properties. Landmark Neighbors: Benefit from the synergy of well-known establishments like Sunken Parking, Electricity House, Nairobi Cinema, and the Kenya-Re Building. Unmatched Location in a Thriving Business Hub: Nairobi's CBD remains the undisputed center of commercial activity, despite the emergence of new business districts. This enduring dominance is fueled by the presence of major transportation hubs and the concentration of government offices within the city center. Owning property in this prime location ensures your business will be at the forefront of Nairobi's commercial scene.

Key Investment Attributes

6 Storey Building
48,300 sq.ft
93.8% Occupancy

Asset Specifications

Tenure36 years
Parking Spaces10+

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

43000

Mandated Advisor

Mark Muriithi

Mark Muriithi

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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