DISTRESS SALE: Income-Generating Commercial Building For Sale in Nairobi CBD Ksh 250M

DISTRESS SALE: Income-Generating Commercial Building For Sale in Nairobi CBD — Ksh 250M

A rare opportunity has come up to acquire a fully tenanted, income-generating commercial building in the heart of Nairobi’s Central Business District.

This is a distress sale. The price is Ksh 250 million.

The building is currently generating a total monthly income of Ksh 3,634,000 — that is over Ksh 43 million per year.

At the asking price, this property pays for itself in under five years.

WHAT THE BUILDING CONTAINS

✅ The ground floor has 19 shops, each renting at Ksh 30,000 per month. That is Ksh 570,000 in monthly income from the ground floor alone.

✅ The mezzanine floor has 17 shops renting at Ksh 18,000 each, bringing in Ksh 306,000 per month.

✅ The first floor is occupied by a restaurant generating Ksh 250,000 per month.

✅ Floors two through five contain a total of 79 rooms. The second floor has 14 rooms, the third has 20, the fourth has 22, and the fifth has 23. Combined, these rooms generate Ksh 2,300,000 per month.

✅ The rooftop has a telecom booster lease that earns Ksh 208,333 per month. The lease has 5 years and 3 months remaining, guaranteeing that income well into the future.

ADDITIONAL VALUE

✅ The plot lease has 38 years remaining, giving any buyer a long and secure tenure.

✅ The building has already received approval to add two more floors. A new owner can expand immediately and increase income without going through a fresh approvals process.

✅ The title is on Ardhi Sasa, Kenya’s official digital land registry. This makes verification fast, clean, and straightforward.

WHY THIS IS A SMART INVESTMENT

✅ Commercial property in Nairobi CBD rarely comes up at distressed prices.

✅ This building is not empty. It is not a project. It is a fully operational income-generating asset with multiple revenue streams across retail, hospitality, accommodation, and telecoms infrastructure.

✅ The diversity of tenants means the building is not dependent on any single sector or occupant.

✅ The approval for two additional floors means the return on investment can be increased significantly without additional land cost.

✅ At Ksh 250 million with a monthly income of Ksh 3,634,000, the gross yield on this property is approximately 21.8% per annum. That is well above the average return on most investment vehicles in Kenya today.

TERMS

I am direct to the owner.

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