Waterfront Karen Mall and China Square on 50acres For Sale
RetailFor Sale100% Occupied

Waterfront Karen Mall and China Square on 50acres For SaleGrade A Retail Hub in Karen

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Indicative Value

Ksh 8.4B

KSh Ksh 8.4B

USD $62M

GBP £57M

Net Yield

3%

Institutional Grade Asset

Investment Returns Analysis

Monthly IncomeKsh 15M
Annual IncomeKsh 180M
Appreciation12%
Target ROI20%

Executive Summary

Prime Commercial Investment Opportunity: Integrated Mall & Retail Hub This expansive 50.65-acre (20.50 Ha) mixed-use commercial landmark represents a premier investment opportunity in a high-growth corridor. Operational since December 2018, the property combines a modern shopping mall experience with the high-traffic draw of the China Square retail anchor, generating a robust monthly rental revenue of Kes 15M. Property Overview & Financials The estate is characterized by its massive scale and strategic layout, offering significant upside potential through further occupancy optimization and site development. * Total Acreage: 50.6566 Acres (20.50 Ha) * Monthly Revenue: Kes 15 Million (Inclusive of China Square) * Current Occupancy: 73.79% (Total Capacity: 213,951 sqft) * Retail Mix: 91 specialized shops plus the expansive China Square anchor. * Built-up Footprint: * Main Mall: 13.76 Acres * China Square: 4.729 Acres Critical Infrastructure & Amenities The property is engineered for self-sufficiency and high-volume operations, featuring industrial-grade utilities to ensure zero downtime for tenants. | Feature | Specification | |---|---| | Power Supply | 11KVA KPLC incoming power + Dedicated Power House | | Backup Power | 5 x 500KVA Generators (2,500KVA Total Capacity) | | Water Supply | 3 High-yield Boreholes | | Waste Management | On-site Sewer Treatment Plant | | Parking | 982 Secure Bays (Including China Square parking) | | Unique Asset | 3-Acre Man-made Lake (Enhancing aesthetic & leisure value) | Strategic Logistics & Tenure Designed for seamless flow, the property accommodates high footfall and heavy logistics with ease. * Access Points: 2 Main Entrance/Exit Gates and 1 dedicated Loading Gate for inventory and service vehicles. * Asset Age: Structural commencement in 2012; fully operational since December 2018. * Tenure: Secure Leasehold title of 99 years effective from December 1, 1994. SEO Keywords for Listing > Commercial Real Estate Kenya, Mall for Sale, Investment Property, China Square Kenya, Retail Space for Lease, High Yield Commercial Asset, 50 Acre Commercial Plot. Would yodetails?

Key Investment Attributes

50acres
Mall & Retail Hub

Asset Specifications

Size143,000 sqft

Visual Documentation

Exclusive Mandate

Direct representation by Murivest

Total Area

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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.