18. Mar, 08:07
Ad ID 5933923
KSh 475,000,000

Commercial Property in Nairobi CBD

Nairobi CBD Nairobi
Description

Prime Investment Opportunity in the CBD

The property is situated in a prominent position within the Nairobi CBD at
the junction of Tom Mboya Street and Hakati Road. Notable establishments in
the immediate neighborhood includes The KICC, Times Tower, Cooperative
House, National Bank House, Development House, Kencom House, the
Nairobi's main bus station and the railway station among others.
The property has frontage to Tom Mboya Street and Hakati Road. Due to
its strategic location along Hakati Road, the building is exposed to high
footfall traffic and excellent prominence. The property enjoys a strong demand
for retail and office space from both big retailers and small exhibition stall
operators - mainly dealing in fast food, fashion, and electronics.
In addition, the exceptional and central location offers easy access to most
business districts of the City.
Tom Mboya Street is a busy commercial thoroughfare linking Haile Selassie
Avenue and Murang'a Road within Nairobi's Central Business District. The
neighborhood is dominated by a stretch of high-rise mixed-use commercial
buildings.

This is a mixed-use, six-story commercial building with a total lettable area
measuring circa 29,300 sq ft. The building was substantially renovated in
2016 and comprises retail spaces on the lower floors and offices on the upper
floors. One of the prominent retailers in the building is Bata Shoe Company.
Ancillary structures within the demised property include a generator block
and two ablution blocks. One passenger lift is in place to facilitate access
to the upper floors CCTV cameras have been installed and placed at
vantage points on each floor and a security room is situated on the 1st floor.
The mains water supply is connected to the property and an underground water
storage tank with a capacity of 70,000 liters has been installed. Additionally,
another water storage tank on the rooftop with a capacity of 36,000 liters
has been installed.
Main electricity services are connected to the property. This has been
supplemented by a 232 KVA backup generator and the drainage is to the mains
sewer. Solar rooftop panels have been installed to support the common area
power consumption.

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pamgolding
Member Since 7. Nov '17
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